Posts by Jayne Nicholson
Sallyport Provides Startup Steel Fabrication Business $500k credit facility
Sallyport commercial finance has provided a $500,000 credit facility to a startup steel fabrication business in Texas, giving them the financial foundation they need for achieving their potential. “A local business consultant knew that Sallyport would be the ideal finance partner in helping a new start steel fabrication company based in Texas. We are pleased…
Read MoreHow to Choose an Invoice Factoring Company
You’ve already done your research and invoice factoring seems to be the most suitable option for financing your business. Other than opting for the company with the lowest monthly fees or highest advance rate, how do you choose the best invoice factoring company for your needs? Factoring companies use a similar set of underwriting principles…
Read MoreSallyport Commercial Finance Arms Health Food Manufacturer with $500k Accounts Receivable Facility
Sallyport are excited to announce a $500k accounts receivable facility to assist the turnaround of this flourishing health food manufacturer in Canada. Calum Willamson, Sallyport MD states; “We worked with the prospect and their incumbent back to agree a way forward that allowed Sallyport to inject new working capital going forward, helping the turnaround of…
Read MoreSallyport Supply $500k Accounts Receivable Facility for a Growing US Food Distributor
Sallyport agree a $500k accounts receivable facility for a growing US East Coast food distributor. “Importing produce into the U.S. is a tough business. Having a lender understand and support your growing business is imperative. Sallyport structured a solution that benefited the business by unlocking the critical working capital needed to navigate these tough times.” states…
Read MoreCommercial Real Estate Finance and the Prolonged Pandemic
Commercial real estate comprises very different economic sectors which have so far been very disparately impacted by the pandemic – retail, hotels and restaurants have had to withstand much more financial pressure than industrial or multi-family investments for example and then there’s the office sector which sits somewhere in-between in a state of limbo. Some…
Read MoreSallyport Champions Professional Tech-based Services with $1m in Funding
Sallyport commercial finance has just provided $1m in working capital funding to a North-American tech-based, professional services company. Dan Millar, VP for Sallyport states; This client was in need of a working capital solution and was referred to us by a trusted partner. We were able to offer a non-notification facility that will continue to…
Read More5 Growth Stages of Business and How to Finance Them
It doesn’t matter whether you’re in manufacturing or staffing, have one or fifty employees; the growth stages of a business look fairly similar for any organization. Understanding these phases and recognizing which one you’re in, can help you to understand where to concentrate your time and efforts and you will be able to manage financial…
Read MoreSallyport Commercial Finance Equips Solar Panel Supplier with Growth Finance of $7.0 Million Dollars
3/22/21 – California – Sallyport Commercial Finance provided a $7.0 mm Accounts Receivable Financing Facility to a supplier of high-efficiency solar panels. Our client had a choice between a lower priced bank line with limitations or a more flexible facility from Sallyport. They choose growth and the confidence in partnering with Sallyport to help achieve…
Read MoreTrends Transforming the Food and Beverage Industry
There’s not much to come out of the pandemic unscathed and unchanged and this is especially true for the food and beverage industry. Every aspect has been upturned and shaken up with some previous trends and markets disappearing completely, other trends accelerating at speed and brand new directions forged. Consumers play a leading role in…
Read MoreIs US Manufacturing the Route to Economic Recovery?
There’s a big sea change underway in US manufacturing, the start of which predates the significant economic and political events of the last year. What we can now say with some degree of certainty is that the landscape for manufacturing companies post-pandemic will be very different. Bringing manufacturing home Part of the last presidential legacy…
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