Experiencing soaring sales, management for this early stage aircraft company approached the bank for a line of credit. Due to recent losses, the bank grounded the company’s request. Allied Financial flew to the rescue and provided a $100,000 working capital line of credit and prevented the company from tail-spinning out of control. The bank maintained the rest of the relationship!
Just before running out of steam, this marketing company, having a major concentration with a large manufacturing company, pulled into Allied Financial. We were able to provide a working capital tune up and a full tank of cash by providing the company with a $500,000 line of credit.