After spending years on research and development to modernize networking and security platforms, this IT service provider was finally prepared to place its finished product in the cloud. Management, however, was not prepared for the storm that followed from attempts to obtain working capital. Having dried up all sources from friends and family and having been turned down by numerous banks, the owner was worried about the company’s financial forecast.
Luckily, a serendipitous conversation with a friend led to an introduction to Allied Financial. The friend relayed that Allied had helped him weather turbulent times, and he predicted that we could help in this situation. We found the owner to have a sunny disposition and a positive outlook, and we were able to propose a $400,000 line of credit at our initial meeting. The owner was thrilled to have brighter days ahead.
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We finance SERVICE COMPANIES, MANUFACTURERS, DISTRIBUTORS, AND CONTRACTORS.
CREDIT LINES FROM $25,000 TO $2,000,000 FOR ALL TYPES OF COMPANIES.