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Allied Affiliated Funding Provides $600,000 to Telecom Business

January 14, 2015, 07:06 AM
Filed Under: Telecom

Allied Affiliated Funding announced it has provided a $600,000 receivables line for a Texas-based telecom business that provides cell phone tower maintenance services. The company was unable to receive traditional bank financing due to one of the owner’s challenging personal credit scores combined with a large customer concentration. This funding by Allied enabled this company to continue to perform work for a customer that represented 100% of their sales and grow their business.

Headquartered in Dallas, Texas for the past 22 years, Allied provides creative, flexible, and fast factoring and asset-based lending services to a wide array of industries. Allied's clients include commercial businesses with commercial accounts receivable that are seeking working capital but do not qualify for traditional bank financing. Additional offices are located in New York and Florida.

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