Skip to content
Newsroom

Sallyport helps boost Texas Chemicals Manufacturer with $7.5 Million in Funding

thumbnail1

Sallyport commercial finance has provided a $6,000,000 million accounts receivable facility and $1,500,000 million inventory facility which will enhance working capital and facilitate the chemical and oil and gas manufacturer in progressing their growth plans. 

The client was referred to Sallyport by a partner in the investment banking area, as their previous provider ceased the funding of inventory and intended to exit the relationship based on the industry. Sallyport were successful in securing the deal, working flexibly and collaboratively with a specialist in inventory lending and a financial consultant to structure a proposal that everyone was happy with. 

The client was buoyed by Sallyport’s attitude to delivering a customized financial solution…

“We were extremely encouraged with Sallyport’s ‘can-do’ approach and we’re filled with confidence about the transition process as well as the day-to-day management of our account going forward. We are very much looking forward to working with the entire Sallyport team to grow our business to the next stage.”

Wade Concienne, Vice President, Business Development at Sallyport commented…

“Ensuring this deal came to fruition required a great deal of creativeness and the tenacity to find a solution befitting of the clients’ unique needs. With the guidance of an exceptional financial consulting firm and working closely with a specialized inventory lender, we were able to get the company refinanced and back on track to success. We are extremely excited to have the business on board and look forward to realizing great things together!”

Posted in
  • News

Q2: Spotlight on Recruitment

July 17, 2024
Read More

Sallyport UK Team Takes Time to Give Something Back

May 17, 2024

Our team were honoured to spend a day volunteering recently at Leuchie House, a fantastic independent charity that provides support…

Read More
  • Articles

2021 Year-End Financial Checklist for Small Business

Business owners are busy all year round but as the holiday season approaches, things reach a new level of hectic.…

Read More

Sallyport Commercial Finance, LLC – Meet Jamie

Jamie Simmons Senior Account Executive Sallyport Commercial Finance, LLC What advice would you offer to women just starting out in…

Read More
  • Videos

Supporting Businesses in 2020

View Now

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
Scroll To Top