Posts by Jayne Nicholson
$7,500,000 Finance Fuels Oil and Gas Industry Manufacturer
Sallyport is delighted to add another client in February with $7,500,000 Accounts Receivable funding for a tank manufacturer to the Oil and Gas industry. The manufacturer’s products are in huge demand and with a significant backlog of $80m worth of orders, they needed working capital to satisfy an investor loan and meet their payroll whilst…
Read MoreExisting Staffing Client Entrusts Sallyport to Finance Expansion
The best testimonial we could have is an existing client entrusting us with their continued growth. Our client who provides staffing services to the energy industry has just been equipped with a $500,000 accounts receivable facility to finance expansion and support their opening of a new division. This facility will enable them to manage working…
Read MoreAre Small Business Loans Hard to Get?
Small business loans have been the primary source of external financing for businesses and entrepreneurs for hundreds of years and banks still constitute around 70 percent of all lending supplied to businesses. It’s unsurprising then, that outside of personal funds, a loan from a high street bank is usually the first thing that comes to…
Read More$5,000,000 Finance Package Fuels Health Drinks Manufacturer
The health and wellness industry is flourishing and Sallyport is excited to be part of this growth, providing a $5,000,000 finance package for a North American manufacturer of health drink products. The Canadian client with a U.S. subsidiary produces nutritional health drinks aimed at the over forties. The products promote muscle recovery, improved energy levels…
Read MoreCan You Get a Business Loan with Bad Credit?
Good credit management is one of those things that you only value when you really need it. When it comes to securing finance to grow a business, getting a small business loan may not be as straightforward as you’d hoped if you’ve neglected to keep an eye on your credit score and bad credit control…
Read More$250,000 Funding Boost for Canadian Apparel Manufacturer
Sallyport Canada is pleased to announce a $250,000 invoice factoring facility for a manufacturer of protective work wear and technical apparel.    The client was referred to Sallyport by our broker network when their facility was ‘capped’ by the bank and they needed an alternative source of working capital to support their growth ambitions. The facility…
Read MoreInterest Rates and Business – Weathering the Storm
After almost a year of debate on ‘will-it-or-won’t it’ be transitory inflation, it’s clear that price increases are now far stickier than anyone would like and they’re not simply disappearing along with supply chain issues as the government led us to believe. In fact, with the onset of Omicron in December 2021 adding to supply…
Read MoreSpecialist Hair Care Gets Makeover with $5,000,000 Funding
We’re delighted to announce funding of $5,000,000 for a specialist hair care importer and distributor. This growing brand originated in the UK with a line of products dedicated to vegan and cruelty-free hair care and is continuing to realize their ambition of expansion into North America with a $5m facility made up of accounts receivable…
Read MoreSallyport Canada Welcomes Food Industry Manufacturer
Sallyport Canada welcomes a flourishing food industry manufacturer to the portfolio with $250,000 in accounts receivable finance. The business is a prime example of the resilience of a small business owner whose belief and ability to pivot in a quick-changing market has resulted in a thriving company. Referred to Sallyport by a broker in our…
Read More$10,000,000 Finance for Oil and Gas Company Under Pressure
To close out 2021, Sallyport is delighted to announce a $10,000,000 finance package covering accounts receivable, inventory and real estate. The client was referred to us by investment banking partners whom we worked with on multiple occasions in progressing this arrangement. They needed a reliable lender that they could depend upon to follow through on…
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