Posts by Jayne Nicholson

10/20/20 – Texas – Sallyport Commercial Finance provides needed working capital for staffing firm servicing the oil and gas sector.  The business found itself without a credit facility and abandoned when their current lender decided to exit out of energy.  Taking the time to understand the client’s current situation and partnering with a credit insurance…

10/14/20 – Louisiana – Sallyport Commercial Finance helps a staffing firm in the oil and gas sector meet critical time lines to meet payroll.  The business found itself short on funds as they tapped out their PPP funding and scrambled to cover payroll.  In less than a week, Sallyport’s team structured a $1,500,000 credit facility,…

9/22/20 – Canada – Sallyport Commercial Finance helps a well-known make-up and cosmetic brand with a $4,000,000 Accounts Receivable facility securing their future with ongoing sustainable financing.  The company is now positioned for positive growth as they expand into new markets overseas. “Even during the current pandemic, the client continued to increase their online presence…

9/30/20 – Colorado – Sallyport Commercial Finance helps two sub-contractors in need of working capital to cover overhead and payroll expenses as they expand the nations demand for fiber optics in rural communities. “It’s a pleasure working with young entrepreneurs who find opportunities in areas of high demand but lack the financial support to carry…

8/19/20 – Canada – Sallyport Commercial finance offered a $1,000,000 Accounts Receivable facility to a well-established cosmetic wholesale and distribution company working with major retailers worldwide.  This facility will help the business adapt to the changing retail sector and enable them to expand their product offerings for PPE distribution. “With a bank line too small…

8/20/20 – Alberta – Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company specializing in the distribution of specialty piping materials. “Having started the conversation with the business owner in early February, things slowed down due to COVID-19, but we stayed connected knowing they needed a flexible solution to pay for the…

9/4/2020 Pacific Northwest – Sallyport Commercial Finance helps a passionate entrepreneur and hobby enthusiast in the trading card business find a solution to meet the growing demand and fill upcoming orders.   The credit facility will enable the business to continue to service their existing customers and help grow market share. “The business owner had two…

8/25/20 – California – Sallyport Commercial Finance provides critical financing to an established business providing sportswear accessories to consumers and major retailers in the US, Canada, and Australia.   The credit facility will enable the business to continue to service their existing customers and help grow market share. “This is a well-known brand in the extreme…

8/19/20 – TEXAS – Sallyport Commercial Finance arranges a $500,000 Accounts Receivable facility to a servicing company in the energy sector that pivoted the business to include green energy with inspection and servicing agreements on wind turbines.  As the oil prices dropped and Covid-19 halted the economy, the owners proactively moved into a new market…