Allied Affiliated Funding announced it has provided a $600,000 accounts receivable financing facility for a New Jersey-based, early stage IT staffing and software development company. The company build websites and apps and was seeking a financing partner that could help them grow their business and that also had expertise in the technology space. The owners wanted to work with a funding source who had other technology clients. The Funding By Allied will give the company the capital need to make payroll, increase and diversify their customer base and focus on growing their business.

Allied is a nationwide commercial finance company specializing in accounts receivable factoring, offering facilities from $100,000 up to $10 million.  Founded in 1992, Allied remains one of the longest-tenured, privately owned factoring companies in the United States.