How Can Allied Help a Bank as a Referral Source and Partner?
We want to help you win business through offering alternative financing services to clients that aren’t a fit for the bank. A partnership with Allied gives a banker the ability to help a prospect/customer by offering an alternative financing source rather that just turning down an un-bankable credit request. Selecting Allied as your partner allows your bank to: Focus on establishing cross-selling opportunities for other bank products while Allied handles the working capital facility. Monitor the credit worthiness of the client and, at any time during the term of the factoring relationship, move the client into a traditional bank facility without the client paying a termination fee. Refer existing client relationships who no longer meet the bank’s credit standards to Allied, creating a quick exit strategy and a seamless transition for the client. Earn fees from deals that are of zero value today with minimal effort. Prospects currently declined due to lack of earnings, cash flow or equi
