Allied Affiliated Funding Provides $450,000 in Invoice Factoring to Spray Insulation for Home Builders – June 11, 2019

Date Funded: 4/30/2019
Facility Amount: $450,000
The Company: This Texas-based company provides spray home insulation to home builders and others to insulate their homes prior to being sold.
The Challenge: With their anticipated growth, their existing bank lender was not able to increase their line of credit sufficiently to support the company’s working capital needs.
The Solution: The company contacted Allied to help create a funding solution that would maximize their receivables while also letting them keep their existing bank line of credit in place.
The Win: This Funding By Allied helped the company take on more business while keeping the company’s cost of funds low while giving them the capital to continue to grow.
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