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$3.5 Million Dollar Credit Facility to an Online Advertising and Publishing Company.
Sallyport Completes $3.5 Million Dollar Credit Facility to an Online Advertising and Publishing Company.
3/12/18 – Sallyport Commercial Finance provides a $3,500,000 Accounts Receivable credit facility for a company that provides their own publishing platform to various multi-national corporations.
“The partnerships we have here at Sallyport Commercial Finance is the keystone to our success. Working with a high caliber turnaround specialist, we were able to seamlessly transition the client from their incumbent bank to Sallyport’s more flexible funding solutions to create greater availability,” says Matt Tobin, VP of Business Development.
Sallyport is excited to provide the additional funding needed to ensure continued growth and expansion of their innovative publishing platform worldwide.
Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams. The senior management team have over 50 years of collective experience in helping entrepreneurs grow their businesses, both in the US and Europe, by turning their invoices and assets into cash. Sallyport Commercial Finance offers a full suite of factoring and asset-based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all our industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables and IT.
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