Allied Affiliated Funding provided a $750,000 AR financing to a startup company that provides frac-water treatment to the oil and gas industry.

The company’s owners tried to obtain a traditional bank loan, but the timing required for closing was not sufficient to meet their payroll needs the following week. Allied was able to fund the company within 48 hours of receiving the signed proposal.

Not only did this provide the company with funds for payroll, but Allied gave the company money A week earlier than needed for their payroll needs, relieving the stress of waiting until the last day to make payroll.