Posts by Jayne Nicholson
Sallyport Commercial Finance, LLC – Meet Jamie
Jamie Simmons Senior Account Executive Sallyport Commercial Finance, LLC What advice would you offer to women just starting out in the industry? Talking from personal experience, I would say to start at entry level and learn all the ins and outs of the industry. I started with processing payments, became an Account Executive and now…
Read MoreSuccession Planning – or Lack Thereof = Risk!
Succession Planning – or Lack Thereof = Risk! By Emma Hart Risk mitigation in our industry is, quite rightly, primarily associated with monitoring and managing the portfolio trends and statistics, system and cyber security concerns and satisfying the bank and stakeholder requirements for financial ratios. All of these are important for business growth, prosperity and…
Read MoreSallyport Commercial Finance, LLC – Meet Ingrid
Ingrid Chen Senior Account Executive Sallyport Commercial Finance, LLC Ingrid has spent 27 years in the factoring and asset-based lending industry, starting with a family-owned factor in Southern California in 1991. When Bibby acquired her employer in 2007, Ingrid went with her portfolio and remained there for 10 years. Early in 2017, an opportunity to…
Read MoreRelief to a Manufacturer with Restrictive Financing Covenants.
Sallyport Commercial Finance Offers Relief to a Manufacturer with Restrictive Financing Covenants. 10/1/18 – Southern California – Sallyport Commercial Finance supports a recognized market leader in metal manufacturing by supplying them with a $1,900,000 Accounts Receivable facility, $500,000 Inventory facility and a $250,000 Term Loan. The company was getting frustrated with their current lender due…
Read MoreExtends a Credit Facility to a Communications Agency.
Sallyport Commercial Finance Extends a Credit Facility to a Communications Agency. New York – 9/21/18 – Sallyport Commercial Finance Supplies a $750,000 Account Receivable facility to an established company that provides brand building which includes a full spectrum of advertising and marketing deliverables to banks, financial services companies, insurance companies, and other related technology sectors.…
Read MoreA Successful Turnaround for a Company in a Distressed Situation with Their Current Lender.  Â
Sallyport Commercial Finance Assists with A Successful Turnaround for a Company in a Distressed Situation with Their Current Lender. Florida – 8/31/18 – Sallyport Commercial Finance delivers a $7,500,000 combined credit facility that includes an Accounts Receivable Line, Inventory Line and Term Loan to a family owned apparel company with over 30 years of experience. …
Read MoreCloses an Accounts Receivable Credit Facility to a Provider of Workplace Testing.
Sallyport Commercial Finance Successfully Closes an Accounts Receivable Credit Facility to a Provider of Workplace Testing. 8/28/18 – South Carolina – Sallyport Commercial Finance provides a $2,500,000 Accounts Receivable facility to a health services provider that focuses on comprehensive occupational screening and drug testing. With a wealth of experience and a grasp on the latest…
Read MoreProvided AR Facility to a Commercial Lighting Distributor.
Sallyport Commercial Finance Provides AR Facility to a Commercial Lighting Distributor. 8/31/18 – Texas – Sallyport Commercial Finance provides a $150,000 Accounts Receivable line of credit to a startup company distributing commercial grade lighting in order for it to expand their product line, stay current with their suppliers, and service their existing client base. This…
Read More$1.5MM Credit Facility to a Distributor of Gaming and Consumer Electronics.
Sallyport Commercial Finance Participates in a $1.5MM Credit Facility to a Distributor of Gaming and Consumer Electronics. Southern California – 7/26/18 – Sallyport Commercial Finance Provides a $1,500,000 Accounts Receivable Facility to a company that manufactures accessories and software such as PC games and interactive toys. “I’m very pleased that our newest client is once…
Read MoreSupports for an Apparel Manufacturing Company with a $3,250,000 Credit Facility.
Sallyport Commercial Finance Supports an Apparel Manufacturing Company with a $3,250,000 Credit Facility. California – Sallyport Commercial Finance arranges a $3,250,000 combined credit facility offering an Accounts Receivable line, Purchase Order facility and Inventory facility to help an appa20rel company refinance their existing senior credit facility and provide additional working capital to help position them…
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