You have a great business plan, but you don’t have the money to get started. Allied has been a funding source for many early stage companies and start-ups. Some companies have even sold their very first invoices to Allied.
Allied’s small business factoring helps provide the working capital you need to get started, allowing you to build a more viable business prior to seeking outside equity investment.
Small Business Companies We Can Help (Early Stage & Start-Up)
• Companies with cash flow dilemmas that have an immediate cash flow need • Early stage businesses • High growth businesses • Undercapitalized businesses that have historical operating losses • Businesses with tax liens • Turnaround situations • Businesses with a negative net worth, a history of operating losses and high customer concentrations • Mature companies with a capped credit line at a bank who need more leverage • Companies who may be winning contracts or orders but do not have the financial resources to complete the project • Companies experiencing a lack of customer service
How We Can Help Your Small Business (Early Stage & Start-Up)
• Obtain an instant source of working capital/cash flow • Finance rapid sales growth • Fulfill payroll and tax obligations • Purchase necessary equipment or inventory • Take advantage of trade discounts • Outsource accounts receivable management and eliminate internal collection and accounting costs • Reduce the risk of credit losses on your customers • Defer to our professional credit checking and collections system • Provide maximum funding for companies with a high concentration of A/R in one or two of their major customers • Obtain financing for companies with a negative net worth, a history of operating losses and/or highly leveraged companies
Recent Funding Example
Type of Financing: Start Up Funded by Allied: $75,000 Industry: Medical Staffing Company Location: Birmingham, Alabama