Date Funded:  4/1/11

Facility Amount:  $750,000

The Company:  This Texas company provides painting services for aircraft and industrial equipment.  Their painting facility was specifically customized for art paint and serves as an interior center for new and refurbished aircraft. While planes are undergoing work, the company can also have inspections, sheet metal work, and other avionic services completed on-site.                 

The Issue:  As a start up entity, this service company was seeking growth capital to accept new orders and offer terms to larger customers to further build the business. 

The Solution:  The company was referred to Eli Gross by a broker, and Allied was very quickly able to establish a $750,000 growth financing facility.  Allied received the signed proposal letter on March 28th and was able to fund on April 1st.

The Win:   This “Funding by Allied” will allow the company to offer terms to their customers, enabling them to focus on growing their business by signing larger customers.