Marilyn Foody We had worked with two different factoring companies before being introduced to Allied Financial. Without a doubt, factoring your receivables is an excellent way to increase cash flow, however, having to provide monthly data back to the factoring company utilizing their KLUDGE reporting system can drive you to madness. With one factoring company, we could NEVER reconcile to what their numbers said and it was a 30 minute dissertation from them on how to reconcile numbers. In fact we got a number of answers as to why the numbers would not reconcile and each and everyone of them was different. Absolutely MIND NUMBING!!
We worked with Allied Financial for a few years and they were a great partner. They were quick to respond to our needs and it felt like they were a true partner in providing the necessary working capital assistance for our growing company. Their assistance helped put us in a position to successfully build and transition back over to a traditional bank. The line of credit and reporting requirements were extremely easy to use and flexible. From top to bottom, everyone at Allied was a pleasure to work with. We would definitely recommend them to other entrepreneurs.
5 /5
