To assure high standards of ethical conduct, Allied Affiliated Funding has adopted the following Code of Ethics and embraces the values expressed in this Code and advocates their observance by its employees:
Allied will aspire to the highest level of professional ethics, as generally expected by the business community.
Allied will aspire to the highest level of industry competence through continuing education and by sharing ideas and experiences with others in the factoring industry.
Allied shall be honest and thorough in all business dealings, including dealings with clients, clients’ customers, lenders, brokers and others in our industry.
Allied shall utilize and maintain accurate accounting systems to track each client’s transactions.
Allied shall treat all client information as confidential. This information shall not be disclosed to any person or entity, other than at the client’s direction or by court order.
Allied shall abide by all local, state, and federal laws.
Allied shall not engage in any activity constituting or leading up to a conflict of interest.
Allied shall treat all persons fairly and equally, regardless of race, religion, gender, disability, age or national origin.
Allied shall subscribe to truth in advertising standards.
Allied shall strive to promote the International Factoring Association and Commercial Finance Association and their goals and objectives, as well as the commercial finance industry as a whole, through educational venues, public relations opportunities and advertising media.
Principles of Conduct
Each of our employees’ personal and professional conduct reflects upon Allied. Therefore, their conduct should be, at all times, characterized by the utmost integrity and dignity. The following guidelines serve to establish and define a framework for professional behavior and responsibilities that are expected of all Allied employees:
Professionalism - Exercise professional care in the performance of all duties and responsibilities and complete all duties with a thoroughness and competency to clearly demonstrate objectivity in matters affecting due diligence and conclusions.
Conflict of Interest - Engage only in activities not in conflict with the interest of the organization.
Knowledge and Expertise - Work to expand personal knowledge and expertise in our industry and the industries we serve. Freely share any knowledge and expertise with other members of Allied.
Communication - Provide timely, complete and accurate communication to the appropriate management personnel of all relevant information obtained to ensure accurate risk assessment and question any changes or abnormalities on a timely basis.
Ethical Standards - Avoid being a party to any fraudulent, deceptive or questionable act and immediately report to the proper managers any knowledge of such acts.
Confidentiality - Respect the confidential nature of all information obtained while in the employment of Allied and do not discuss or release proprietary information outside of the appropriate employees or departments of the company.
The Customer Relationship
The following is expected of all employees in dealing with our clients:
Confidentiality - Respect the confidential nature of all information obtained in the performance of your duties and do not use such information for personal gain nor knowingly allow any other person to do so. The names of our clients are not to be discussed in the presence of anyone outside of the financing relationship without the client’s written permission.
Communications - Do not knowingly mislead or misinform a client or prospect and do not make commitments beyond your authority on behalf of Allied.
Timely Response - Respond to the needs of clients, prospects, lenders, brokers and fellow employees on a timely basis.
A Word from Our Clients
“Allied is a valuable partner that has assisted us in growing our sales appreciably over the last three years. We now have the cash flow to expand our business. The online reporting system is very helpful and very easy to use. It saves us a lot of time when we submit invoices compared to the last factoring company we were with. Same day funding gives us immediate cash flow which helps our daily operation to purchase inventory and pay expenses.”
CFO, Health and Beauty Products Wholesaler Los Angeles, CA
