Not wanting to “byte” off more than its cash flow could handle, this IT engineering company was concerned after bidding on several large federal government projects. Troubled over the tremendous projected growth, all of the area bankers that management connected with came up with a blank screen and declined the request for a larger line of credit. Realizing the company needed a reboot, one wise banker referred management to Allied. We were favorably impressed with the owner and moved at 5G speed to propose a $500,000 line of credit – providing the necessary bandwidth to quickly scale up. The referring banker was further rewarded, as the borrower moved its banking relationship to his bank. Another Win, Win, Win!
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