SALLYPORT
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News
From the Sallyport Family
From the Sallyport Family.
Electronic 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…
$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…
$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…
$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…
Oil 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…
Sallyport Provides $1.5 Million Finance to Boost Truck Rental Business
A $1.5 million factoring facility has just been approved for a Canadian truck rental and servicing business currently operating out of Ottawa, Montreal and Toronto. The client was referred to Sallyport directly from another finance company and requires the funds to facilitate payroll payments, settle some debt and allow for ongoing working capital while they…
$3.5 Million Funding For Bottling Company to Pursue Global Goals
Sallyport is delighted to announce $3.5 million funding for a family-owned natural water bottling company headquartered in Texas. The financial package, comprising a $3 million accounts receivable facility and $500,000 cash flow loan will facilitate their growth with additional working capital to cover operational expenses for payroll and suppliers, allowing them to scale-up the business…
$1.9 Million Finance for Distribution Business
Sallyport have lightened the load for a growing bulk container distribution business, supporting them with $1.9 million in finance comprising an accounts receivable facility and a $500,000 cash flow loan. Referred to Sallyport by one of our competitors, the ability to quickly construct a tailored solution which perfectly suited their business was fundamental to Sallyport’s…
$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…
Existing 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…