Archive for October 2020
Sallyport Commercial Finance offers a $4,000,000 line of credit for Canadian Security Firm
10/28/2020 – Canada – Sallyport Commercial Finance opens a $4,000,000 Accounts Receivable facility to a large Canadian Security Firm. After several lenders reviewed and passed on the business, the company was introduced to Sallyport who took the time to listen and structure a solution that will benefit the business for long term expansion. “The company…
Read MoreSallyport Commercial Finance secures a $500,000 accounts receivable line of credit for staffing company
10/20/20 – Texas – Sallyport Commercial Finance provides needed working capital for staffing firm servicing the oil and gas sector. The business found itself without a credit facility and abandoned when their current lender decided to exit out of energy. Taking the time to understand the client’s current situation and partnering with a credit insurance…
Read MoreSallyport Commercial Finance expedites a $1,500,000 funding request for service provider to cover payroll
10/14/20 – Louisiana – Sallyport Commercial Finance helps a staffing firm in the oil and gas sector meet critical time lines to meet payroll. The business found itself short on funds as they tapped out their PPP funding and scrambled to cover payroll. In less than a week, Sallyport’s team structured a $1,500,000 credit facility,…
Read MoreSallyport Commercial Finance helps Canadian Beauty Supply Company with a $4,000,000 Credit Facility
9/22/20 – Canada – Sallyport Commercial Finance helps a well-known make-up and cosmetic brand with a $4,000,000 Accounts Receivable facility securing their future with ongoing sustainable financing. The company is now positioned for positive growth as they expand into new markets overseas. “Even during the current pandemic, the client continued to increase their online presence…
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