Posts by Jayne Nicholson
Sallyport 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…
Read MoreSallyport Provides over $2.8M Finance for Flourishing Print Fulfilment Business
Sallyport is delighted to announce $2,825,000 in finance for a Canadian print business. The funding comprises $2.5M accounts receivable and $175,000 equipment finance and $150,000 in the form of a cash flow loan. As an existing client, satisfied with Sallyport’s service, the business was more than happy to approach us to support them with their…
Read More$1M Finance gives Canadian Importer Big Boost
Sallyport is delighted to confirm a combined $1,000,000 in finance for a Canadian importer of industrial pipes and flanges. Sallyport were front of mind for the prospect who were referred to us by an existing client with whom we hold a long-standing relationship. As many businesses are experiencing, long lead times from manufacturers coupled with…
Read MoreUltimate Year End Review for Business Owners
We’ve reached the final few weeks of 2022 and whether December is a busy time or a quieter period for your small business, there’s still time to complete a crucial year end review. 2022 was no doubt a challenge for business owners in more ways than one but spending some time reflecting on the successes…
Read MoreSallyport 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…
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