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Allied Launches New Small Tick Receivables Program for Niche Industries

Date: Jun 23, 2014 @ 07:41 AM
Filed Under: Industry News

Allied Affliated Funding has launched a Small Ticket Receivables Financing program with credit lines up to $100,000 specifically designed for two niche industries: water filtration distributors and telecom contractors.

In a recent press release, Allied announced it recently funded several distributors in Georgia, Texas, and Florida, along with four telecom subcontractors in Texas. These transactions typically fund in three to five days. These fundings By Allied have given these businesses the cash needed to either start their businesses or further grow them.

Allied is a nationwide commercial finance company specializing in accounts receivable factoring, offering facilities from $100,000 up to $10 million.  Founded in 1992, Allied remains one of the longest-tenured, privately owned factoring companies in the United States.

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