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From the Sallyport Family
From the Sallyport Family.
Tech-services company set for growth with $500,000 in Finance
Sallyport are pleased to announce $500,000 in funding to a US based tech-services company. The business will use these vital funds to enable their expansion into new regions. Dan Millar, VP comments… “We were very happy to help this US-based client. It was a quick approval & funding process which certainly highlighted our cross border…
$2MM Finance Allows Canadian Manufacturer to Achieve Acquisition Goal
Sallyport commercial finance are delighted to announce a total fund of $2MM to a Canadian manufacturer of home improvement products based in New Brunswick. Referred to Sallyport by one of Canada’s top 3 commercial banks, the client had identified a strategic opportunity to acquire a complementary business, whose parent company was already going through a…
Sallyport helps boost Texas Chemicals Manufacturer with $7.5 Million in Funding
Sallyport commercial finance has provided a $6,000,000 million accounts receivable facility and $1,500,000 million inventory facility which will enhance working capital and facilitate the chemical and oil and gas manufacturer in progressing their growth plans. The client was referred to Sallyport by a partner in the investment banking area, as their previous provider ceased the…
Sallyport Provides Startup Steel Fabrication Business $500k credit facility
Sallyport commercial finance has provided a $500,000 credit facility to a startup steel fabrication business in Texas, giving them the financial foundation they need for achieving their potential. “A local business consultant knew that Sallyport would be the ideal finance partner in helping a new start steel fabrication company based in Texas. We are pleased…
Sallyport Commercial Finance Arms Health Food Manufacturer with $500k Accounts Receivable Facility
Sallyport are excited to announce a $500k accounts receivable facility to assist the turnaround of this flourishing health food manufacturer in Canada. Calum Willamson, Sallyport MD states; “We worked with the prospect and their incumbent back to agree a way forward that allowed Sallyport to inject new working capital going forward, helping the turnaround of…
Sallyport Supply $500k Accounts Receivable Facility for a Growing US Food Distributor
Sallyport agree a $500k accounts receivable facility for a growing US East Coast food distributor. “Importing produce into the U.S. is a tough business. Having a lender understand and support your growing business is imperative. Sallyport structured a solution that benefited the business by unlocking the critical working capital needed to navigate these tough times.” states…
Sallyport Champions Professional Tech-based Services with $1m in Funding
Sallyport commercial finance has just provided $1m in working capital funding to a North-American tech-based, professional services company. Dan Millar, VP for Sallyport states; This client was in need of a working capital solution and was referred to us by a trusted partner. We were able to offer a non-notification facility that will continue to…
Sallyport Commercial Finance Equips Solar Panel Supplier with Growth Finance of $7.0 Million Dollars
3/22/21 – California – Sallyport Commercial Finance provided a $7.0 mm Accounts Receivable Financing Facility to a supplier of high-efficiency solar panels. Our client had a choice between a lower priced bank line with limitations or a more flexible facility from Sallyport. They choose growth and the confidence in partnering with Sallyport to help achieve…
Sallyport Commercial Finance Helps Flooring Distributor
1/22/21 California – Sallyport Commercial Finance provides a $500,000 Accounts Receivable Financing Facility to support a growing distributor of flooring products. Partnering with their existing inventory lender, Sallyport was able to free up working capital and provide essential receivable management services to help the business succeed. “A trusted business consultant knew the client had a…
Sallyport Commercial Finance Provides $4mm Accounts Receivable Financing Facility
1/6/21 – New York, NY – Sallyport Commercial Finance provided a $4mm Accounts Receivable Financing Facility to a sponsor backed metal components company. Our client had their supply-chain deeply affected by COVID-19 and as a result, needed a financing partner to help with their working capital gap caused by delays in shipments out of India…