Newsroom
$2MM Purchase Order Finance for Apparel Business Expansion

Sallyport are thrilled to announce $2.0 million in accounts receivable and purchase order finance for an expanding apparel business.
Sallyport already had a valued relationship with the client and had previously supported them with tailored financial services so they had no doubts about returning to us when they found themselves in need of funding and a letter of credit in order for their suppliers to release their goods for shipping to the US.
Our client pivoted into the PPE market during the COVID-19 pandemic and will use these funds to maintain and grow their PPE product line and rebuild their brand of footwear and handbag distribution.
“The company was looking for a PO financing solution that would enable them to secure orders from an overseas manufacturer and put them in a position where they can confidently accept larger orders of their PPE line from clients old and new.
The Sallyport team were wnderstanding of their situation and we structured a working capital solution that enabled the timely fulfillment of new contracts.”
Nick Hart, President, Sallyport Commercial Finance.
Search
News
Q1 2025 Funding Highlights
We’ve had a strong start to Q1, not just here in Scotland but across the UK – we’re proud to…
Read MoreQ4 2024 Funding Highlights
With 2024 all wrapped up, we’re proud to share a snapshot of the incredible businesses we’ve had the privilege to…
Read MoreArticles
Is US Manufacturing the Route to Economic Recovery?
There’s a big sea change underway in US manufacturing, the start of which predates the significant economic and political events…
Read MoreGet to Know Caitlin Foote in our Employee Spotlight
What would you rate 10 / 10? Always ordering three beverages at once. One for hydration, one with caffeine and…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now