Finding itself in a high-growth mode and needing additional green, this commercial painting contractor saw red when its factor refused to extend the ladder to higher credit limits on its largest account debtors. Not wanting to brush his customer aside, the company’s banker painted the perfect picture and introduced management to Allied... Continue Reading
Despite the challenges that we have all endured during 2020, there are many things that we are grateful for. One of those things is our relationship with you. Whether you are a client or a referral source, we recognize that... Continue Reading
At this time of year, we reflect on all of the things that we have in our lives to be thankful for. Thank you for your continued confidence and trust that you have in us! From your friends at Allied... Continue Reading
Has your credit committee yelled BOO to a recent loan request? Are you being haunted by a deteriorating credit in your portfolio and just wish it would disappear? If so, turn these devilish deals into angels with help from your knights in shining armor at Allied Financial. Our lines of credit... Continue Reading
With federal government contracts in hand, this medical training and consulting company was ready for phase 3 testing but lacked the appropriate financial history to obtain a much needed working capital line of credit. The company bounced through a couple of bankers before finding one with... Continue Reading
If your B2B customer was either denied a PPP loan or is close to exhausting PPP funds, now is the time to advise management to prepare for future cash flow crunches. Let Allied Financial help your customer alleviate the stress of paying vendors or meeting payroll with... Continue Reading
Suffering from growing pains and a tightness with cash flow, this IT consulting and managed services company sought help from its banker just before the Covid-19 pandemic was upon us. Unfortunately, the loan committee further diagnosed the bug of recent losses and passed on the company’s credit request. Feeling that the company could make a full... Continue Reading
The recently enacted Paycheck Protection Program (PPP) is a great resource for small businesses; however, it has proven to be difficult to obtain, and many applicants are still waiting and may never receive funding. Businesses fortunate enough to receive PPP funding will quickly realize that... Continue Reading
Management for this industrial electrical distributor was shocked when the company’s banker pulled the plug on their working capital line of credit. Fortunately for everyone, the banker had the bright idea of connecting management to Allied Financial. At our initial meeting, management was able to shed light on the reasons for the lackluster... Continue Reading
We hope that 2019 was a wonderful year for you and wish you an even better 2020! Allied Financial takes great pride in having the privilege and pleasure to provide working capital to many fine entrepreneurial companies over the past... Continue Reading
