Allied Affiliated Funding Provides $500,000 in Working Capital Financing to Texas Service Company
Facility Amount: $500,000
The Company: This Texas-based company is a woman and disabled veteran owned business established in 2011 that provides subcontractor procurement services and staffing placements to support domestic and international defense department suppliers as well as commercial companies. Their primary focus is supplying various goods to domestic companies that are operating abroad, specifically in the Middle East.
The Issue: The company began encountering additional growth opportunities and needed additional working capital in order to be able to accept them.
The Solution: This company was referred to Allied by a former client who was so impressed with Allied’s past service levels and funding flexibility that he recommended Allied to his new employer.
The Win: This Funding by Allied will enable the company to bid on additional procurement contracts and expand their business without losing the flexibility and capital needed for their operations.