This manufacturer and distributor of gaskets and seals had an air-tight relationship with its bank until the company started leaking losses. Knowing that simple duct tape would not provide an adequate solution to the company’s cash flow needs, the banker referred the deal to Allied Financial. The Allied team was able to look under the hood and was impressed with management’s explanation of the losses and its plan to plug the cash flow leaks. Allied was able to open the spigots and funded the deal with a $1,250,000 line of credit within 10 days – relieving the pressure from the bank and allowing the company to proceed with its backlog and pipeline. We were thrilled to seal the deal!
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We finance SERVICE COMPANIES, MANUFACTURERS, DISTRIBUTORS, AND CONTRACTORS.
CREDIT LINES FROM $25,000 TO $3,000,000 FOR ALL TYPES OF COMPANIES.