Date Funded: 2/24/17
Facility Amount: $150,000
The Company: This company is an Oklahoma-based startup underground telecommunications contractor.
The Issue: As a new business, the company’s financing options were limited because banks require more operating performance and history.
The Solution: Through Allied’s Vendor Finance Program, the company was able to get the funding they needed, just in time to make payroll.
The Win: This Funding By Allied will ensure payroll can be met and will help launch their business, allowing the company to take on more work and hire additional employees.
