Allied’s ideal client is a high integrity, owner-managed business with strong gross profit margins, proven products or services and a good customer base with high customer satisfaction and solid documentation of receivables.
Allied’s Ideal Client Profile
• Commercial businesses with commercial receivables • Typically owner-managed businesses • Sales ranging from $100,000 to $5,000,000 per month in invoices • Lack of availability to traditional bank financing products • Factoring accounts can: – Have negative net worth – Be start-ups or early stage/high growth businesses – Have seasonal needs – Be highly leveraged – Maintain high receivables concentrations – Experience tax problems or liens – Be in, or going into bankruptcy (DIP) • Good quality products or services • Quality & diversification in accounts receivable • Growing, transitional or restructuring companies
We Finance Businesses When Banks Can’t
At Allied, we’re not concerned by poor financial ratios. We finance businesses with a negative net worth, a history of operating losses and high customer concentrations. We are even able to finance companies with payroll tax liens from the IRS.
Potential Clients Include:
• Early stage businesses • High growth businesses • Undercapitalized businesses that have historical operating losses • Businesses with tax liens • Turnaround situations
• Allied purchases approved commercial accounts receivable after the product or service has been provided • No sign up, audit or application fees • Funding within 24 hours of purchase • Flexibility of choosing debtors and invoices to factor • No minimums or unused fees • Advance rates are typically 80% to 90% • Reserve released weekly • Same day funding and posting • Credit checking and approval services provided at no additional cost • Collection services provided at no additional cost • Secure, Internet access to account activity information
