Clay Tramel founded Allied in 1992 with $300,000 in start-up capital. He was Allied's sole employee during the first 15 months of operation. Mr. Tramel has grown Allied's portfolio from $700,000 in annual purchases in 1992 to approximately $300 million in 2008.
Mr. Tramel is the majority owner of Allied. There are four other limited partners, two of whom are original founding partners. Mr. Tramel is actively involved in the day-to-day operations of Allied’s factoring business and has been instrumental in creating the excellent reputation and presence that Allied has in the market today.
Mr. Tramel is a successful business entrepreneur and an active investor and board member of several other businesses in the construction and finance industries. Prior to his extensive experience in the factoring business, Mr. Tramel was active in the commercial real estate finance industry for approximately 10 years, earning the prestigious CCIM designation in 1987. During that time, he arranged over $250 million in commercial real estate loans.
Mr. Tramel received his Bachelor of Science degree in Business and MBA in Finance from Centenary College of Louisiana.
Factoring Fact
Allied’s Ideal Client
Our ideal client is a high integrity, owner-managed business with strong gross profit margins, proven products/services, a solid customer base with high customer satisfaction and accurate documentation of receivables.
