SALLYPORT
commercial finance
News
From the Sallyport Family
From the Sallyport Family.
$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…
Sallyport 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…
$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…
$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,…
$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…
$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…