Posts by Jayne Nicholson
2021 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…
Read More5 Ways to Save Money with Full Service Factoring
The primary benefit of invoice factoring for businesses is no doubt quick and easy access to working capital. This capital enhances cash flow and can be used for pretty much whichever purpose the business sees fit. For smaller companies or startups without access to conventional lending, that’s one big reason to use factoring services; another…
Read More$7,500,000 Funding for Electronics Distributor
Sallyport are delighted to announce that we’ve just provided a $7,500,000 accounts receivable facility for an electronics distributor. Referred to us by their current lender whom we will work alongside, the client has a highly seasonal business and needed to free-up working capital to be able to secure enough stock for the holiday season whilst…
Read More$900,000 Finance for Growing Staffing Business
$900,000 in Accounts Receivable finance sets up staffing business for stateside growth. The client was referred to Sallyport via our partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll,…
Read More$4,000,000 Finance For Rapid Growth Staffing Company
Sallyport’s fall fundings continue with a $4,000,000 Accounts Receivable facility for a US staffing company experiencing rapid growth. The client was referred to Sallyport via a CPA and one of our industry competitors at a time when they started accelerating growth exponentially; the preceding factoring provider felt uncomfortable adapting to their growing financial requirements. Sallyport’s…
Read More$1,500,000 in Funding for Expansion of Staffing Firm
Sallyport are thrilled to announce $1,500,000 in funding to a Canadian staffing firm serving the oil and gas services, mining and construction industries with permanent and temporary staffing solutions. The company is a subsidiary of one of Sallyport’s existing and very successful US clients and was originally referred to Sallyport by a contact in the…
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