Skip to content
Newsroom

$900,000 Finance for Growing Staffing Business

thumbnail1

$900,000 in Accounts Receivable finance sets up staffing business for stateside growth.

The client was referred to Sallyport via our partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll, invest into new areas and be able to compete for bigger contracts. The client will now use the funds to pay suppliers, meet payroll and make capital investments which will fuel their growth across states and enable them to take on the larger contracts that they weren’t able to previously.

Alexandra Scoggin, VP for Sallyport commented…

From start to finish the client team were such a passionate group of people to work with and their ambition for growing the business was evident. We were able to get them funded and up and running with their facility very quickly giving them the breathing room they needed to concentrate their efforts on the business.

Our new client expressed their satisfaction…

Sallyport has been amazing to work with. We are so happy that we were able to get financed by such a great company.

Posted in
  • News

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

Sallyport’s Andy Tait Q&A Interview with The Herald

May 15, 2024

The Herald just published their Q&A interview with our Managing Director Andy Tait. Learn more about Andy’s inspiration for setting…

Read More
  • Articles

Succession Planning – or Lack Thereof = Risk!

Succession Planning – or Lack Thereof = Risk! By Emma Hart Risk mitigation in our industry is, quite rightly, primarily…

Read More

Challenges Facing Staffing Agencies Today

Staffing agency owners are emerging from the pandemic cautiously optimistic. After the major upheavals of last year, there seems to…

Read More
  • Videos

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now

Supporting Businesses in 2020

View Now
Scroll To Top