Allied Affiliated Funding Provides $400,000 in Receivables Financing to a Natural Gas Consulting Firm – June 1, 2020

Date Funded: 4/27/2020 Facility Amount: $400,000 The Company: This Louisiana-based company provides consultants for the oil and gas industry, primarily focused on water production and operations with well work and light roustabout services. Their consultants oversee their customers’ crews, which helps their customers better manage payroll and related costs. Most of their business is focused currently on natural […]

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Allied Affiliated Funding Provides $300,000 in Receivables Financing to a Lead and Steel-based Manufacturer – May 14, 2020

Date Funded: 4/29/2020 Facility Amount: $300,000 The Company: This Texas-based company manufactures lead-based and steel-based specialty items for the industrial, roofing, plumbing and medical industries. Products include valves, gauges, lead roof flashing, brass fittings, pipe, castings, washers and related items. The Challenge: The company had been bank-financed since 2017 following an acquisition. The business was impacted by Hurricane Harvey […]

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Allied Affiliated Funding Provides $1,800,000 in Accounts Receivables Financing for Medical Equipment Company – September 2, 2020

Date Funded: August 10, 2020 The Company: This Ohio-based company contracts with orthopedic practices to manage their durable medical equipment program that includes items such as wheelchairs, knee braces, crutches, etc. The company has had a rocky few years, but coming into 2020, they were on track for positive cash flow and continued growth… and […]

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Allied Affiliated Funding Provides $1,500,000 in Receivables Financing to a Pet Wash Manufacturing Company – May 5, 2020

Date Funding: 3/18/2020 Facility Amount: $1,500,000 The Company: This New Jersey-based company manufactures dog washes sold to pet retailers. The Challenge: The company launched in 2019 and was being funded by an affiliated entity. In addition to their limited operating history, the company experienced losses as they initially outsourced some of the manufacturing but then suffered vendor quality challenges. […]

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Allied Affiliated Funding Provides $1,000,0000 in Receivables Financing to a Commercial Flooring Company – April 30, 2020

Date Funded: 4/24/2020 Facility Amount: $1,000,000 The Company: This Texas-based company provides commercial flooring for businesses, including schools, senior living centers and commercial projects. The Challenge: The company was relatively new and being funded by their parent entity, unable to receive traditional bank financing directly due to their limited operating history and losses in getting the business launched initially. […]

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Allied Affiliated Funding Provides $1,500,000 in Receivables Financing to a Pipeline Inspection Company – February 19, 2020

Date Funded: 12/24/19 Facility Amount: $1,500,000 The Company: This Texas-based company provides inspection services for pipeline/rigs and consulting and training services to the oil and gas industry. The Challenge: The company had losses in the past few years and had taken on expensive cash advances to get through these cash struggles. Additionally, they were with a high rate factoring […]

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Allied Affiliated Funding Provides $600,000 in Receivables Financing to a Reseller of Consumer Electronics – February 19, 2020

Date Funded: 12/23/19   Facility Amount: $600,000   The Company: This Texas-based company specializes in the recycle, repair, and resale of previously used electronics to wholesale and e-commerce customers.   The Challenge: The company had sustained losses historically and was self-financing their business to maintain their working capital needs. With new customers and orders, this company needed a financing […]

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Allied Affiliated Funding, a division of Axiom Bank, N.A., Provides $1,500,000 in Receivables Financing to Oilfield Services Trucking Company – January 22, 2020

Date Funded: 1/16/2020 Facility Amount: $1,500,000 The Company: This Texas-based company primarily hauls frac sand, along with cement, fly ash and other non-hazardous dry bulk commodities (i.e., road base materials to build roads and drives) in and around Texas primarily targeting the oil and gas market. The Challenge: The company was struggling with their existing factor who was not […]

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Allied Affiliated Funding Provides $250,000 in Receivables Finance to a Commercial Roofing & Sheet Metal Company – December 8, 2019

Date Funded: 10/24/19   Facility Amount: $250,000   The Company: This Texas-based company primarily provides commercial roofing services on new construction and sheet metal fabrication, including standing seam metal roofs, gutter, downspouts and flashing.   The Challenge: To continue growing with their customers and new orders, this commercial roofing and sheet metal company needed a working capital line to […]

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Allied Affiliated Funding Provides $500,000 in Receivables Financing to Start-Up Staffing Company – October 10, 2019

Date Funded: 9/20/2019 Facility Amount: $500,000 The Company: This Texas-based company provides staffing services, primarily to the oil and gas industry. The Challenge: To help start their business and take on new customers and orders, this staffing company needed a working capital line to be able to meet payroll while waiting for their customers to pay. The Solution: After not […]

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Allied Affiliated Funding Provides $1,500,000 in Accounts Receivable Financing to a Communication Manufacturer – July 31, 2019

Date Funded: 7/31/2019 Facility Amount: $1,500,000 The Company: This Florida-based company has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies. Specializing in the development of mobile ground terminal satellite communications solutions, they have built a reputation of effectively executing projects for the military. The Challenge: The company received […]

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Allied Affiliated Funding Provides $150,000 in Invoice Factoring to Spray Insulation for Home Builders – July 31, 2019

Date Funded: 7/31/2019 Facility Amount: $150,000 The Company: This Texas-based, start-up company builds and refurbishes oilfield equipment related to pumps, accumulators, and transmission repair/rebuilds. The Challenge: This business owner had built strong industry relationships over the years and had an opportunity to launch his own company. He was able to obtain new business and started receiving work, but he […]

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