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Allied Affiliated Funding Provides A/R Line to 3-D Printer Manufacturer

January 20, 2015, 07:31 AM
Filed Under: Manufacturing

Allied Affiliated Funding announced the following recently closed transaction:

A $250,000 receivables line for a California-based 3D printer manufacturer. This Funding By Allied enabled this relatively new business to fulfill their existing orders and ramp up additional business for the coming year. The biggest challenge for them was their bank line of credit they had been working on fell through at the last minute, leaving only a few days to receive funding from a new financing source for payroll and working capital needs. In just three days, Allied’s dedicated closing team was able to close and fund the transaction.

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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