SALLYPORT
commercial finance
News
From the Sallyport Family
From the Sallyport Family.
$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…
$1,000,000 Accounts Receivable Finance for a StartUp
Sallyport are delighted to announce another early September funding – $1,000,000 accounts receivable finance for a startup business manufacturing sustainable, eco-friendly kitchenware. The $1,000,000 facility will be used in conjunction with purchase order financing to support their rapid growth, enabling them to fulfill a number of larger orders that they’ve recently secured. The client was…
Sallyport Assign $1,000,000 in Finance for Staffing Industry StartUp
Our first funding for September goes to a StartUp in the medical staffing industry. A $1,000,000 accounts receivable facility will accelerate this innovative staffing business on to the next exciting stage of their growth. Referred to us by another factoring company, Sallyport’s flexible approach to getting them funded was imperative to the client. “It is…
$250,000 Invoice Factoring Facility for Fledgling Contracting Business
Funding the dreams of ordinary people in becoming successful business owners is part of the Sallyport heritage and there’s little more rewarding. We’re delighted to be able to provide a $250,000 invoice factoring facility which lays the foundation for a skillful employee to realize his dreams of business ownership. Sallyport initially guided the client in…
Sallyport Extend $250,000 Finance for Advertising Company
Sallyport have expedited the expansion of an Ontario advertising company this week with $250,000 in accounts receivable financing. The funds will be used by the client to service their ongoing working capital requirements whilst giving them the additional capacity they require to grow the business into new markets. Dan Millar, Vice President for Sallyport Canada…
$1,750,000 Funding for Hospitality Services Supplier
We’re thrilled to announce $1,750,000 funding for a hospitality services supplier in the US. The client was referred to Sallyport from a trusted contact in our CPA network. A customized package of accounts receivable financing, equipment finance and a term loan were tailored to the client enabling them to settle their obligations with their exiting…
$4MM Finance for Expansion of Manufacturing Plant
Sallyport are delighted to announce $4 million in finance for the expansion of a manufacturing plant in the US. Sallyport partnered with a specialist inventory finance lender to take the total finance available to the client to $8 million through a combination of accounts receivable finance and inventory lending. The company based out of Eastern…
Sallyport Propels Wholesale Business with $1.5MM in Funds
Sallyport are delighted to have been able to support a longstanding contact with $1,500,000 in accounts receivable finance to propel their wholesale business to the next level. The client needed funds to pay an overseas supplier for a large order, in full, prior to goods being shipped. Through our past relationship, the client knew that…
$5MM Finance for a Construction Business
Sallyport have just finalized an agreement to provide $5.0 million in finance for a construction business. The client had limited options given that they needed funding quickly and didn’t want to rely on an expensive MCA lender to meet their needs. They required $1.5 million immediately with an uplift to a total facility of $5…
$2MM Purchase Order Finance for Apparel Business Expansion
Sallyport are thrilled to announce $2.0 million in accounts receivable and purchase order finance for an expanding apparel business. Sallyport already had a valued relationship with the client and had previously supported them with tailored financial services so they had no doubts about returning to us when they found themselves in need of funding and…