Posts by Jayne Nicholson
$1,200,000 Million Growth Capital for Eyewear Brand
This rapidly growing eyewear brand was referred to Sallyport by our contact who specializes in standallone inventory finance. Eco-friendly alternatives are popping up in each and every industry and giving consumers the choice to move away from products that we know do more harm to the planet. This brand goes even further in that it…
Read MoreElectronic Bikes Distributor on a Roll with $500,000 Finance
We’re pleased to announce a new Canadian client for July as we welcome on board a growing electronic bikes distributor with a $500,000 invoice factoring facility. The client, previously self-financed, was referred to Sallyport by our contact in the mortgage market and needed an injection of working capital to progress their plans for expansion into…
Read More$7,500,000 Finance for Fragrance Industry Leader
We welcome another fantastic client to Sallyport in July as we provide $7,500,000 in finance for fragrance industry leaders in the U.S. After funding the business’ Canadian entity earlier this year, we’re delighted to bring on board the U.S. side of the organization with a $7.5 Million total accounts receivable facility. The client will utilize…
Read More$12,000,000 Boost for Oil and Gas Services Business
We’re delighted to announce July funding of $12 Million for a company in the Oil and Gas Services industry. Referred to Sallyport by a private equity group with whom we’ve worked before, the client required the funds to exit their existing bank relationship and raise further finance for ongoing working capital needs. Nick Hart, Sallyport…
Read MoreHow Can Staffing Agencies Manage Labor Shortage?
It is becoming increasingly difficult for staffing agencies to meet the demands of clients by finding top talent. Many companies are having difficulty filling their staffing needs despite a slight decrease in unemployment rates in the US and record low unemployment in Canada. The reasons for these difficulties are complex; whereas in a typical economic…
Read MoreHealth and Wellness – What’s Driving the Feel Good Factor?
If there was anything good to come out of the last couple of years, maybe it’s that people are prioritizing their health and wellness over anything else. Those that were always mindful of their health became more so and for the many who were neglecting themselves and their needs, the pandemic brought health and wellness…
Read MorePet Industry on a ‘Pawsitive’ Streak
Pets became priority again during the pandemic with owners forced to stay home to work and fill the void created by isolation with a furry friend instead. 18% of Canadian and 14% of US households surveyed, reported getting a new pet during the pandemic. For those with existing pets, owners also spent much more than…
Read MoreHarnessing Growth Opportunities in the Beauty Industry
The beauty industry is big business and it’s getting even bigger. Globally, sales reached $511B in 2021 and are estimated to exceed $716B by 2025 with North America taking the biggest slice of the pie according to Common Thread Co. Source: Common Thread Co. The industry encompasses all kinds of businesses and products from hair…
Read More$500,000 Finance Ignites Expansion of Energy Services BusinessÂ
We’re delighted to announce that Sallyport has funded another business in expanding their operations in North America. A $500,000 accounts receivable facility will provide the working capital needed for the client to disrupt the energy services market with their innovative seal technologies and enhance their presence in the region. This client was referred to Sallyport…
Read MoreOil and Gas Company Set for Success with $4,000,000 Growth Capital
Sallyport is pleased to announce a mid-May funding of $4,000,000 in growth capital for a company providing products and services to the oil and gas industry. This client was known to Sallyport through an existing customer and as the relationship grew, Sallyport were approached to provide the funding they needed. A combination of primarily accounts…
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