Alliance Financing Group Delivers
$1,000,000 Accounts Receivable facility and Term Loan
to a company that provides customized delivery
The team at Alliance structured and delivered a $1 MM operating facility and $180M term loan for HD Logistics, a family-owned operation that has been growing by delivering white glove delivery solutions for large bricks and mortar and online retailers. This financing facility was secured based solely on the assets of the company. The financing solutions will provide ample working capital to develop new revenue channels, insulate the company from seasonality, and continue to drive profits and growth.
“Our team of credit experts collaborated with the HD Logistics Family to understand the firm’s goals and secure the necessary liquidity for them to manage growth. HD Logistics is committed to providing best-in-class white glove delivery solutions to its customers and the financing solutions we provided will ensure the company and its customers continue to be well served."
-- James Plewak, Finance Associate, Alliance Financing Group Ltd
Alliance Financing Group Ltd specializes in securing customized solutions for rapidly growing companies across North America who require a unique, timely and tailored financing structure to address their particular needs, especially in situations where conventional capital sources are not an option
Toronto, Canada – 8/29/19 – Alliance Financing Group supplies a $250,000 Accounts Receivable facility to a producer of Mexican food favorites.
The company aims to provide Canadians with true, authentic Mexican fare. The business prides themselves in offering quality, hand-crafted products in the form of corn tortillas and cantina style tortilla chips. The owner took his Grandmother’s recipe from Mexico and developed goods that deviated from other commercial products. Not only do these products offer a pure and simple flavor, they also adhere to today’s dietary trends by being both vegan and gluten-free.
“This start-up food manufacturer began receiving purchase orders from large Canadian retailers. When their current bank was unable to help, Alliance was able to offer a working capital solution to help with their projected rapid growth,” says Paul Morrison, Senior Commercial Financing Consultant.
With Alliance's assistance, the company intends to expand their product line and progress into other major Canadian retailers.
For More Information Please Contact:
Paul J. Morrison - Senior Commercial Financing Consultant
Alliance Financing Group Ltd.
Tel: 905-660-3660 ext.234
Toll Free: 877-660-3660 ext.234
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