Date Funded: 3/6/17
Facility Amount: $1,000,000
The Company: This Texas-based company provides overseas staffing for military support services.
The Issue: The company was looking to bid on a new contract which would increase their existing A/R to a level that would be more than they could adequately self-finance. Therefore, the owners wanted to secure outside financing so that they could continue to comfortably pay their employees on time.
The Solution: One of the owners had previously factored three other companies with Allied and chose to return and finance this one as well. Allied was able to quickly understand their current needs and limitations and get them the fast funding they needed.
The Win: This Funding By Allied will provide the company with the capital they need to take on larger projects and continue growing the business with financial security and peace of mind.