Eli Gross joined Allied in August of 2009. To give him an appreciation for all aspects of Allied’s business and a strong understanding of what it takes to be successful in the factoring industry, Eli spent his first five months at Allied rotating through each of the different departments, including operations, collections and underwriting.
This rotation allowed Eli to fully comprehend the services he is selling for Allied before settling into his role as Business Development Manager. Eli serves the Dallas/Fort Worth market as well as West and East Texas, Oklahoma, Arkansas and New Mexico.
Prior to joining Allied, Eli earned his undergraduate degree in Psychology and Sociology from the University of Mississippi. After a few years of migrating back and forth from a ranch in Colorado and working as a Behavioral Consultant for the Head Start Program in Mississippi, Eli went back to Ole Miss for graduate school, earning his MBA in 2009.
This diverse combination of coursework and job experience has made Eli a very knowledgeable and productive member of the Allied Sales Team.
Allied primarily operates in a geographic region that has lower factoring activity relative to other regions (see below). Management believes this represents an opportunity as the regions in which it operates have lower relative penetration than other parts of the country.
The factoring industry as a whole is expected to experience contraction in 2008 and 2009 due to the contraction of available credit from lending institutions to factoring companies. With less capital to deploy industry wide, factoring businesses with excellent and growing lending relationships, such as Allied, will be able to take advantage of the strong demand and lower overall competition.
