Posts by Jayne Nicholson
$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…
Read More2021 Year-End Financial Checklist for Small Business
Business owners are busy all year round but as the holiday season approaches, things reach a new level of hectic. As everyone looks forward to some well-deserved time off, focus may not be on those tasks that need to be done to finish off the year with a clear deck and hit the new year…
Read More$1,750,000 Finance for Commercial Laundry Services
As we near the end of a tough year with challenging trading conditions, we’re delighted to still be supporting fantastic businesses realize their hopes and dreams. $1,750,000 in accounts receivable financing will enable this hospitality services supplier to make a crucial acquisition, cover their payroll costs and free up working capital to invest into new…
Read MoreNew Year, New Risks for Small Business
As the world faces the news of a new strain of the COVID-19 pandemic and a potential fourth ‘wave’ of infection to top off 2021, what will this mean for small businesses and the risks they face heading into 2022? A Pivotal Year for Small Business Prosperity Uncertainty has been the buzz-word of economic stories…
Read More10 Strategies to Increase Profitability in Small Business
Profit is the backbone of any sustainable business and if profits aren’t creeping upwards, it’s unlikely that your business is developing to its full potential. Worryingly, costs are on the rise for many businesses and perhaps profit margins are suffering due to upwards pressure on raw materials, transport, energy payments, packaging or even labor. The…
Read MoreSallyport Agrees $1,600,000 Finance for Canadian Manufacturer
We’re excited to announce a $1,600,000 accounts receivable facility for a growing Canadian manufacturer in the agricultural space. The client was referred to us by a broker and although there were other providers vying for the business, the client ultimately favored Sallyport’s responsiveness and flexible approach to finding a solution that worked for them. The…
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