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 recovery with the right working capital solution, the banker referred his client to Allied Financial. We were able to quickly examine the books and records and determined that the company’s ills were not fatal. We encouraged management to apply for the Paycheck Protection Program (PPP) and prescribed a $200,000 working capital line of credit at our first meeting. The client is recovering and management is thrilled!
Our Version of PPP at Allied Financial
Professional – We treat each prospect and borrower with the utmost respect and professionalism. We’ve found that actively listening to our clients is the best way to conduct business.
Passionate – We are passionate about assisting entrepreneurs every day. Helping to solve working capital needs is what we do best!
Proven – Our management team has over 100 combined years of experience and expertise in the asset based lending industry. Our proven track record makes us the best option when banks are forced to say no.
Please don’t hesitate to reach out to us with any borrower or prospective borrower that is not a good fit for your bank. We’re always happy to assist when we can.
Let us help you ADD DEPOSITS while WE TAKE THE CREDIT RISK
We finance SERVICE COMPANIES, MANUFACTURERS, DISTRIBUTORS, AND CONTRACTORS.
CREDIT LINES FROM $25,000 TO $2,000,000 FOR ALL TYPES OF COMPANIES.