Allied Affiliated Funding Provides $1,500,000 in Invoice Factoring to Texas Printing Company – November 20, 2018

Date Funded: 10/15/2018

Facility Amount: $1,500,000

The Company: This Texas-based printing company has been in business for over 50 years providing sheet-fed, digital, wide format printing for their customers.

The Issue: The company had been working with another factor for the past year but experienced a few bumps internally with their billing processes, personnel and overcoming financial hurdles. Because of these challenges, they were dissatisfied with their factoring relationship.

The Solution: The company’s banker referred them to Allied to establish a new financing relationship with greater funding availability to run the business, especially during their busiest season. Allied was able to quickly provide the company a $1,500,000 credit facility.

The Win: This Funding By Allied gave the company the capital needed to refinance their current factoring obligations while also providing flexibility and sufficient financing as they head into their busy season.

Photo that says "Get a fast quote to turn your accounts receivable into cash" with images of bank employees Farrah and Sam, part of the Allied Team