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In the Face of the Pandemic: How Allied Supports Businesses Struggling to Make Ends Meet in the Wake of COVID-19

More than 99 percent of all U.S. businesses are small businesses, and these businesses employ about half of the country’s workforce. Most small businesses do not have the cash reserves on hand to weather a storm quite like we’ve seen with the COVID-19 pandemic. Businesses already struggling to make ends meet have been hit especially hard, […]

Plan B for High-Risk Banking Clients – October 6, 2020

At the onset of the pandemic, the Federal Reserve urged lenders to finance businesses affected by the economic downturn through the federal Paycheck Protection Plan (PPP), which paid out roughly $530 billion to businesses nationwide. PPP funds have since been disbursed and used. Concurrently, banks are tightening their lending standards, increasing the size of their special asset groups, and managing the quality of their […]

Sometimes It Takes Three to Get the Job Done – September 1, 2020

“No matter what technology and shiny new tools we use in our business, we should always come back to relationships.” – Cathy Engelbert Focus on Relationships At Allied Affiliated Funding, a division of Axiom Bank, N.A., relationships are central to who we are. In everything we do, we strive to build strong relationships with our clients […]

Cyber Security – July 10, 2020

Cyber Security’s Top 10 in the Face of a Pandemic 4 Threats and 6 Solutions to Protect Your Business by Sanjay Parikh, Vice President – Professional Services, IT and Compliance, CRITICALSTART Cyber security controls in the banking and financial sector are an absolute necessity as Internet scammers attempt to obtain sensitive information to gain access […]

The Difference an Individualized Approach Makes – June 7, 2020

Not all of our clients are new to accounts receivable financing. Many times, we work with clients who have a history with other factoring companies but have, for any number of reasons, struggled to secure the funding they need. This is one such story. Eighteen months ago, Allied Affiliated Funding began working with a client […]

Allied – COVID 19 Update – April 1, 2020

COVID-19 Update Today, we wanted to let our partners know that we are thinking of all of you. Our thoughts are with each of our employees, clients, referral partners, industry peers, and others with whom we encounter. Many businesses are struggling; others are finding niches to fill a void. And, others are finding ways to […]

Thank You, a Message from our President – May 11, 2020

Wow, what a whirlwind it has been these last few months! Or has it only been a few weeks? It’s crazy how the days blend together. I know we are all busy, have way more emails than before, and our hours have often pushed long into the evening for many of us. While reflecting on […]

From Losses and Challenges to Growth: A Story of Success – January 3, 2020

When a company experiences a financial loss after changes in their business, securing funding to get back on track to a traditional bank line of credit isn’t always possible. Allied Affiliated Funding, a division of Axiom Bank, N.A., works with companies to provide fast funding so they can focus on attacking business challenges, righting the […]

Why Choose Allied Over Others – September 23, 2019

How to Choose the Right Receivables Funding Partner As your business grows, you need a flexible financial solution that provides the working capital necessary to support the needs of your changing, expanding company. Factoring turns one of your most valuable assets into cash: your company’s invoices. But why not choose traditional bank lending? Oftentimes, new […]

Why Choose Allied Over Others – October 28, 2019

How to Choose the Right Receivables Funding Partner As your business grows, you need a flexible financial solution that provides the working capital necessary to support the needs of your changing, expanding company. This could be with a traditional bank line of credit. With growth, however, many companies cannot yet obtain such financing. Likewise, new […]

The Heart of Allied: Why We Do What We Do – September 3, 2019

You know Allied. You know what we do; what services we provide our customers. A quick glance around our website gives you a broad overview of our day-to-day business. But why do we do what we do? What inspires us? What gives us purpose and motivates us to get up every day? At the heart […]

Market Update: What Credit Trends Are We Seeing in 2019? – July 23, 2019

Doing your research to understand what’s happening in the market—at least at a high level— can help you make informed decisions that impact the health of your business. Mid-way through 2019, here are some of the credit trends we are seeing. 1. On-time payments. Account debtors, or our clients’ customers, are paying relatively the same as […]