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From the Sallyport Family
From the Sallyport Family.
$400,000 Finance Sets Scene for Industrial Manufacturer to Grow
A $400,000 tailored financial solution has just been put together for an industrial manufacturer based on the West Coast of the US. The package is made up of a $120,000 cash flow loan with the remainder consisting of an accounts receivable facility The client was referred to Sallyport by a broker and had spiraling Merchant…
$500,000 Finance Furthers Growth for Oilfield Services Company
Sallyport is delighted to announce $500,000 finance for an oilfield services company offering saltwater disposal services in the field. The client contacted Sallyport directly as they were struggling with their receivables collections and needed to utilize our expertise in Accounts Receivable management whilst using the influx of working capital to cover their payroll expenses. Now…
$500,000 Funding Puts Seafood on the Plate in New Places
A $500,000 full notification factoring facility has just been finalized for a growing wholesaler of seafood products based on the East Coast of Canada. The client was referred directly to Sallyport by another factor who held a long-standing relationship with the customer over the past decade but was soon to retire. Now that the client…
$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…
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…