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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 $5,000,000 in Invoice Factoring to Louisiana Construction Company for the Oil & Gas Industry

Date Funded: 6/29/2018

Facility Amount: $5,000,000

The Company: This Louisiana-based company offers various services for the oil and gas industry including new pipeline construction, fabrication and welding, and other construction related services.

The Issue: The company experienced losses the past few years, while also having to spend additional funds on equipment to gear up for new jobs. With the losses and the recent growth, the company needed a larger line of credit than their traditional bank line would allow, especially given a new concentration with one customer combined with the milestone billing nature of their business.

The Solution: The company’s CPA introduced them to Allied, who was able to structure an accounts receivable facility to accommodate their growth without having to worry about concentrations and progress or milestone billings.

The Win: This Funding By Allied will give the company the working capital they need to continue to grow their business.

Turn your Invoices into Fast Cash with Invoice Factoring

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