Posts by Jayne Nicholson

5/6/19 – New York – Sallyport Commercial Finance provides a $750,000 Accounts Receivable facility to a family-owned business that produces, imports and distributes quality footwear. The business has grown from a one-person, single brand product line to a multifaceted wholesale footwear source with over 40 foreign partners and 2,500+ US retail clients.  The company’s diverse…

4.17.19 – Illinois– Sallyport Commercial Finance arranges a $2,000,000 Accounts Receivable facility with short notice to an established company that provides high quality, aftermarket replacement parts to a variety of heavy equipment units. Their competitive prices and excellent customer service have allowed this company to maintain decade-long relationships and keep their customers equipment in tip…

4/5/19 – Texas – Sallyport Commercial Finance provides a $1,700,000 Accounts Receivable facility to a company that offers various sanitation and equipment rental services to the oil and gas industry.  The deal was a leveraged buy-in of an established, well performing business, uniting a strong executive team to take the business to new levels. The…

3/28/19 – Texas – Sallyport Commercial Finance closes a $1,500,000 Accounts Receivable facility to a newly formed staffing company that focuses on food processing and the manufacturing sector. With an entrepreneurial drive and an experienced management team, the company secured several large contracts with nationally recognized vendors providing long-term and short-term staffing.  The equity partner…

Delaware – 3/15/19 – Sallyport Commercial Finances provides a $1,500,000 Accounts Receivable facility, including a $500,000 Cash Flow Loan to a company that provides its customers with a catalog of natural sweetener alternatives. The company’s primary goal is to change lives by offering healthier food products without refined, added sugar that will help reduce the…

Washington – 3/15/19 – Sallyport Commercial Finance provides a $400,000 Accounts Receivable facility to a trucking company that specializes in carrying a variety of steel products such as rebar, plate steel, formed steel, coil and pipes.  In addition to hauling steel, the company also transports lumber. This growing, family-owned company began with a truck and…

Houston – Sallyport Commercial Finance expands their sales team by introducing Wade Concienne as Vice President in the greater Houston territory. “I am excited to represent Sallyport Commercial Finance as Vice President of Business Development. Spending time in underwriting has been an incredible learning experience and I am truly grateful to the have had the…

2/22/19 – Florida – Sallyport Commercial Finance provides a $500,000 Accounts Receivable facility to a company that develops, designs and manufactures tools for minimally invasive endoscopic surgeries. Founded in 2012, this company currently develops and markets FDA approved medical technology, serving customers in the United States and distribution partners world-wide. “This is a client that…

Washington – 2/4/19 – Sallyport Commercial Finance delivers a $1,250,000 Accounts Receivable facility to a manufacturing company producing control panels utilized by industries ranging from nuclear power plants to outdoor barbecues. With more than 40 years of experience and a solid commitment to their customers, this company proudly designs, tests and manufactures all their products…