Posts by Jayne Nicholson
Sallyport Tailor $2.5 Million Finance for Food and Beverage Manufacturer
We’re thrilled to announce a tailored finance package of $2,500,000 for a family-owned manufacturer of powdered coffees, cappuccino mixes and other specialty drinks. The funding comprises accounts receivable and inventory finance and a cash flow loan which will enable the client to cover their operational expenses as they expand the business both at home and…
Read MoreElectric Vehicle Market Rich with Business Opportunity
The electric vehicle is nothing new, surprisingly in fact the very first concepts of electric transportation came about over a century ago; it just happens that they were way ahead of their time back then. The gas-guzzling vehicles that we’re all now familiar with, started gaining traction at the turn of the century as consumer…
Read MoreCan you Prepare your Business for Recession?
If you haven’t started to prepare your business for recession yet, you’re not alone. With all the uncertainty globally and subsequent firefighting, you’re probably in the ‘think about it later camp’ or even; what recession? Having some kind of plan based on best guesses however, is better than having no plan at all. These are…
Read More$1,500,000 Accelerates Rapid Growth for Oil Services Business
Sallyport is pleased to announce $1,500,000 in accounts receivable finance for a US oil and gas services business. The client had been a long-term prospect and was in need of a lender to support them in high growth mode. The funds will enable them to continue acquiring complementary businesses in the oil and gas space…
Read MoreTreasury Announce $1 Billion Small Business Support for 11 More States
U.S. Department of the Treasury recently announced an additional $1 billion in small business support in a further 11 states that may have been overlooked and underserved previously when it comes to securing growth capital. The funds have been agreed under the ‘American Rescue Plan’ which expands and reinvigorates the State Small Business Credit Inititiative…
Read MoreOil and Gas Company Regroup with $1,750,000 Capital
Sallyport are delighted to announce $1,750,000 in accounts receivable finance for an oil and gas company in the US. The client was referred to Sallyport through an existing client in the energy services space who were more than happy to recommend our services. We secured the business through our clients’ strong connection with the prospect…
Read More$400,000 Finance Sets Scene for Industrial Manufacturer to Grow
A $400,000 tailored financial solution has just been put together for an industrial manufacturer based on the West Coast of the US. The package is made up of a $120,000 cash flow loan with the remainder consisting of an accounts receivable facility The client was referred to Sallyport by a broker and had spiraling Merchant…
Read MoreHow do Business Owners Lead Through a Recession?
Managing and leading a business is difficult at the best of times, but with talks of recession looming and businesses still reeling from the impact of world events over recent years, things are far from getting easier. Business owners of more established companies will be no strangers to recession, in fact it’s a normal part…
Read MoreDoes Your Business Qualify for the ERTC Tax Credit?
The Employee Retention Tax Credit (ERTC) was established in 2020 as part of the CARES act in order to encourage employers to retain employees despite the negative economic effects of the pandemic. The program is administered by the IRS and has many benefits for businesses, however NFIB research suggested that only 4% of small business…
Read More$500,000 Finance Furthers Growth for Oilfield Services Company
Sallyport is delighted to announce $500,000 finance for an oilfield services company offering saltwater disposal services in the field. The client contacted Sallyport directly as they were struggling with their receivables collections and needed to utilize our expertise in Accounts Receivable management whilst using the influx of working capital to cover their payroll expenses. Now…
Read More