Posts by Jayne Nicholson
Sallyport’s Andy Tait Q&A Interview with The Herald
The Herald just published their Q&A interview with our Managing Director Andy Tait. Learn more about Andy’s inspiration for setting up a new Invoice Finance business, his outlook and ambitions for the future. https://www.heraldscotland.com/news/24312409.scottish-finance-chief-declares-no-time-egos/
Read MoreSallyport’s Andy Tait Featured on Go Radio Business Show
Check out our feature on the Go Radio Business Show with two of Scotland’s most inspirational business leaders; Sir Tom Hunter and Lord Willie Haughey. Our Managing Director Andy Tait talks invoice finance for small business.
Read MoreA Selection of UK Businesses Funded in Q1 2024
Diminished Bottom Lines: National Minimum Wage Increase 2024
On April 1st 2024, the National Living Wage (NLW) and National Minimum Wage (NMW) will again increase in the UK. The National Minimum Wage was established in 1999 whilst the National Living Wage was announced in 2015 specifically for the over 25s but has since been extended to anyone 23 or older. The National Living…
Read MoreSallyport UK Celebrates 1st Birthday – March 2024
Sallyport Commercial Finance celebrated their first birthday with colleagues and introducers last Thursday. We were delighted to share our 1st-year successes including providing over £4.4m in funding to UK SMEs who turn over a grand £22m. Industries we’ve supported include Haulage, Recruitment, Property Maintenance, Healthcare, Industrial Cleaning, Textiles and Landscape Gardening amongst others. These businesses…
Read MoreOfficial Sallyport UK Launch Event – April 2023
It’s been a busy time since we launched in the UK on 1st February, and we were delighted to host an official Sallyport UK launch event last week in Glasgow. Our U.S. founders, Nick and Emma Hart joined us in meeting and personally thanking all those who made our first months in business so successful…
Read MoreInterest Rate Hiked Again : Little Relief for UK SMEs
The interest rate announcement from the Bank of England March 22nd has done nothing to boost the optimism of UK business owners. On the back of a higher than expected CPI inflation rate of 10.4% in February, the quarter point hike last week wasn’t surprising but it was disappointing and given the mixed bag that…
Read MoreSallyport UK Welcomes First Client with £500,000 for Healthcare Services
Sallyport are delighted to welcome on board our first UK client with a £500,000 factoring facility for a healthcare services business providing ‘at-home’ care to clients. The client was referred to us through a finance industry broker and these crucial funds will enable them to meet the growing demand for their services; something which had…
Read MoreSetting up a new business in the UK
As any business owner knows only too well, setting up a new business is an exciting but also a daunting prospect. We at Sallyport Commercial Finance launched our new business in Glasgow in February and this blog highlights what we have learned. We hope this is useful for others considering launching a new business. The…
Read MoreProject Management Business Sets Sights on Growth with $850,000 Finance
In a deal that closed 2022 for Sallyport Commercial Finance, a US project management business has been equipped with an $850,000 accounts receivable facility. Referred to Sallyport by our contact in investment banking, the company has some tremendous growth opportunities. They anticipate more than doubling their employees from 27 to 60 this year. Each employee…
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