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Oil & Gas Invoice Factoring

$1,500,000 in Invoice Factoring for Texas Chemical Distributor

Date Funded: 5/10/17

Facility Amount: $1,500,000

The Company: This company is a Texas-based distributor of a new chemical drilling solution used in fracking oil wells to increase production quantity and longevity.

The Issue: The company is seeing tremendous demand for this new product and therefore, was seeking a fast working capital solution to help them take on this new business and meet their financial obligations.

The Solution: The owner of the company was referred to Allied by his longtime friend who is also an Allied client. In less than 5 days, Allied was able to fund the company, allowing them to take on this new business and grow.

The Win: This Funding By Allied will provide the company with the working capital they need to allow for unprecedented growth from this new business opportunity.

Turn your Invoices into Fast Cash with Invoice Factoring

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