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Recent Fundings

We help businesses like yours get the cash flow they need. Read on to find out about real clients and how their specific financing structure helped them.

Press Releases/News Releases

Allied Affiliated Funding Provides $1,500,000 in Receivables Financing to a Pipeline Inspection Company

Date Funded: 12/24/19
 
Facility Amount: $1,500,000
 
The Company: This Texas-based company provides inspection services for pipeline/rigs and consulting and training services to the oil and gas industry.
 
The Challenge: The company had losses in the past few years and had taken on expensive cash advances to get through these cash struggles. Additionally, they were with a high rate factoring company. As the company turned the business around over the past year and continued to pay down their cash advances, they wanted to find a receivables financing partner that could reduce their cost and meet their working capital needs.
 
The Solution: The company was referred to Allied to help them set up a new factoring facility. Allied created a funding structure that paid down some of the cash advance debt while also providing a more competitive pricing structure that matched the company’s improved performance through their turnaround.
 
The Win: This Funding by Allied helped the company continue to reduce their costs and give them a factoring facility that would work with their funding needs.
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