Allied Affiliated Funding Announces New Client Aiding In The Oil Spill Clean Up

At Allied Affiliated Funding, we understand there is a lot of work to be done to safely clean up the oil spill and save the Gulf of Mexico

. We want to help in those efforts. We will do everything possible to help companies assisting with the clean up process who find themselves with a sudden need for working capital due to this unexpected crisis.

Below are the details of our latest funding:

Facility Amount: $2,500,000

Date Funded: 7/2/10

The Company: A New Orleans based labor contractor specializing in marine work. The company has recently obtained new contracts to provide certified haz-mat workers to assist in the British Petroleum oil spill clean up in the Gulf of Mexico.

The Issue: With the unexpected surge in their business as a result of this disaster, the company needed working capital to accommodate their growth and to meet payroll.

The Solution: An independent broker referred the deal to Tanya Fontenot at Allied Affiliated Funding. Tanya was able to win the deal despite the company having a commitment from another financing source. Allied Affiliated Funding received the company's signed proposal on Monday, 6/28/10 at 4:00 pm and then funded the company on Friday morning, 7/2/10.

The Win: With the expedited funding provided by Allied Affiliated Funding, this company is now able to meet their weekly payroll and facilitate their unprecedented growth as a result of this crisis. In addition, we were able to fulfill our commitment to quickly assist businesses involved in the oil spill clean up process.

At Allied Affiliated Funding, we are offering shorter term, working capital facilities and our promise that we will work diligently to get a facility set up as quickly as possible for those businesses that qualify. We pledge to streamline our application and proposal processes to make it even easier to get funding quickly.

If one of your customers or prospects might benefit from our short term funding, please refer them to us. Simply call Allied Affiliated Fundings Business Development Manager, Tanya Fontenot, today at 972-510-8886.

by: Clay Tramel

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