President/Owner, Health and Beauty Products Wholesaler, Los Angeles, CA

My wholesale health and beauty supply company started factoring with Allied Affiliated Funding (formerly Allied Capital Partners) back in 2006.  At that time, I needed increased cash flow to assist me in growing my business.  With Allied, I was able to easily submit invoices and receive same day funding.  The additional capital was exactly what I needed to get product shipped from overseas, and it allowed me to increase my company’s sales and add new customers.

Allied’s staff has always been responsive and has consistently worked to accommodate my specific requests over the span of our four year relationship.  I have had direct access to the CEO and other members of the Senior Management team who cared about my needs and did their best to address them in a timely manner.  Allied’s website and 24/7 accessibility of information made it simple for my staff to know the real time status of our account.  Allied also provided additional back office support that allowed my staff to concentrate on other responsibilities and helped them to be more productive.

The ability to easily factor our invoices allowed me to increase sales by 75% in the first year, almost doubling our annual sales volume!  Even in this difficult economy, I continued to increase sales for my company each additional year by over 30%. 

Recently, my company was able to transition from factoring to a traditional bank line of credit.  Allied gave me the ability to quickly grow my business, but when the timing was right, I was able to go directly to a bank with a seamless transition and with no termination fees.  Allied has been a great financial partner, and I will always know they are there for me if I need them.