Newsroom
$500,000 Funding Puts Seafood on the Plate in New Places
![thumbnail1 thumbnail1](https://sallyportcf.co.uk/wp-content/uploads/2018/11/thumbnail1.png)
A $500,000 full notification factoring facility has just been finalized for a growing wholesaler of seafood products based on the East Coast of Canada.Â
The client was referred directly to Sallyport by another factor who held a long-standing relationship with the customer over the past decade but was soon to retire. Now that the client has the additional working capital they need, they’re free to concentrate on expanding the business from the East Coast where the majority of their business is done, into new regions across Canada and also into the US.Â
VP Canada, Dan Millar noted that this client represents one of several recent opportunities where we were able to work with the bank to secure a subordination for US debtors…
“It was fantastic to work with a large Canadian bank and secure the subordination for the US debtors which has become a more common requirement – this truly demonstrates our cross border capabilities for any company looking to sell into the US and abroad.”
Search
News
Sallyport UK Team Takes Time to Give Something Back
Our team were honoured to spend a day volunteering recently at Leuchie House, a fantastic independent charity that provides support…
Read MoreArticles
Can you Prepare your Business for Recession?
If you haven’t started to prepare your business for recession yet, you’re not alone. With all the uncertainty globally and…
Read MoreA to Z of Small Business Finance and Credit Terms
Most small business owners go into business to follow a passion or create freedom in their career and lives. It’s…
Read MoreVideos
AG Machining Client Testimonial
AG Machining Client Testimonial 
View Now