Posts by Jayne Nicholson

5/22/20 – California – Sallyport Commercial Finance arranges a $3,000,000 Accounts Receivable facility for a national distributor of gaming and consumer electronics.  Due to the COVID-19 pandemic, the business has expanded their products to include personal protective equipment such as masks and gloves. “Giving our Entrepreneurs the ability to leverage their skills and contacts, helps…

5/15/20 – Toronto, ON – Sallyport Commercial Finance approves a $1,750,000 Accounts Receivable facility to a group of staffing companies that provide flexible recruiting services to Canada and the U.S. “Having worked with the owners and management team for several years, we’re delighted to be able to offer this long-standing Toronto based staffing company a…

5/4/20 – ON, Canada – Sallyport delivers a $2,000,000 Accounts Receivable facility to a company that provides a wide range of printing and finishing services.  Their state-of-the-art production equipment and automated workflow systems allow for quality content, making them a leader in the industry. “The company has been self-financing for the last couple of years.…

California – 4/2/20 – Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable facility, including a $500,000 Cash Flow Loan to company that provides a complete range of traffic control services for their customers. “When we connected with this traffic and safety company, they recently had taken a large ACH loan to help with their short-term payroll…

Sallyport Commercial Finance supplies a $1,300,000 Accounts Receivable facility to a wholesale distributor of plants and flowers. The company needed additional working capital to fulfill large orders.  They were referred to Sallyport by a broker who has worked with us in the past and felt confident that we could provide a structured solution to support…

3/24/20 – New York – Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company that specializes in private label accessories, handbags and wallets for retailers. “When the client was introduced to Sallyport, they were looking for a fast solution to exit from their current MCA lender. Even during this difficult time of…

Sallyport Commercial Finance delivers a $250,000 Accounts Receivable facility to a company that provides high quality fraud prevention and security risk management solutions for a variety of industries throughout Canada. “Having grown the business from a start up to now gaining over $2,000,000 in annual revenue, we were able to quickly put in place an…

Sallyport Commercial Finance provides a $600,000 Accounts Receivable facility to a company that specializes in non-destructive testing services. The family-owned and operated business was referred to Sallyport by a broker who has introduced business in the past.  With a turnaround solution in place, the company hopes to generate more revenue and stabilize their working capital.…

1/22/2020 – Sallyport Commercial Finance arranges a $1,000,000 Accounts Receivable facility to a leading, hi-tech camera supplier in the perimeter surveillance industry. “Our reputation for assisting businesses experiencing rapid growth led to an introduction to Sallyport.  This new client is posed to have a strong year and needed funding to support their growth.  We were…