Sallyport Commercial Finance Funds a Major Distributor of Consumer Products.

Englewood, NJ – Sallyport Commercial Finance recently provided a $700K Accounts Receivable Facility including a $200K Inventory Facility to a company selling to retailers via their e-commerce website.

Founded in 2011 this distributor sells items such as tank-less water heaters, water purification systems, humidifiers, as well as children’s clothing to large retailers such as Costco, Home Depot and Amazon.

Sallyport Commercial Finance was able to be creative in providing inventory finance and accommodating extended terms to one of their customers, in order to provide the working capital that this business needs to take advantage of a growth opportunity.

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.