SALLYPORT
commercial finance
News
From the Sallyport Family
From the Sallyport Family.
Sallyport Commercial Finance helps Canadian Industrial Safety Firm
12/2020 – Alberta – Sallyport Commercial Finance delivers a $500,000 Accounts Receivable facility to an industrial safety firm providing essential medical and rescue services to the oil and gas industry. The business owner was seeking a financing partner that would help him manage the newly awarded contract with his customers and provide assurances to cover…
Sallyport Commercial Finance Announces a $5.0M Credit Facility for an Established Apparel Company
11/25/20 – Northeast – Sallyport Commercial Finance provides timely financing to an apparel company that was hit hard when major retailers started to cancel orders due to the COVID pandemic. This new credit facility coupled with a seasonal inventory lender will provide the needed working capital to continue their exceptional service and help grow market…
Sallyport Commercial Finance offers a $4,000,000 line of credit for Canadian Security Firm
10/28/2020 – Canada – Sallyport Commercial Finance opens a $4,000,000 Accounts Receivable facility to a large Canadian Security Firm. After several lenders reviewed and passed on the business, the company was introduced to Sallyport who took the time to listen and structure a solution that will benefit the business for long term expansion. “The company…
Sallyport Commercial Finance secures a $500,000 accounts receivable line of credit for staffing company
10/20/20 – Texas – Sallyport Commercial Finance provides needed working capital for staffing firm servicing the oil and gas sector. The business found itself without a credit facility and abandoned when their current lender decided to exit out of energy. Taking the time to understand the client’s current situation and partnering with a credit insurance…
Sallyport Commercial Finance expedites a $1,500,000 funding request for service provider to cover payroll
10/14/20 – Louisiana – Sallyport Commercial Finance helps a staffing firm in the oil and gas sector meet critical time lines to meet payroll. The business found itself short on funds as they tapped out their PPP funding and scrambled to cover payroll. In less than a week, Sallyport’s team structured a $1,500,000 credit facility,…
Sallyport Commercial Finance helps Canadian Beauty Supply Company with a $4,000,000 Credit Facility
9/22/20 – Canada – Sallyport Commercial Finance helps a well-known make-up and cosmetic brand with a $4,000,000 Accounts Receivable facility securing their future with ongoing sustainable financing. The company is now positioned for positive growth as they expand into new markets overseas. “Even during the current pandemic, the client continued to increase their online presence…
Sallyport Commercial Finance offers credit facility to two directional drilling sub-contractors
9/30/20 – Colorado – Sallyport Commercial Finance helps two sub-contractors in need of working capital to cover overhead and payroll expenses as they expand the nations demand for fiber optics in rural communities. “It’s a pleasure working with young entrepreneurs who find opportunities in areas of high demand but lack the financial support to carry…
Sallyport Commercial Finance funds a Canadian wholesaler with a $1,000,000 Accounts Receivable line of credit
8/19/20 – Canada – Sallyport Commercial finance offered a $1,000,000 Accounts Receivable facility to a well-established cosmetic wholesale and distribution company working with major retailers worldwide. This facility will help the business adapt to the changing retail sector and enable them to expand their product offerings for PPE distribution. “With a bank line too small…
Sallyport Commercial Finance helps a Specialty Pipe and Fitting distributor with a $250,000 Credit Facility
8/20/20 – Alberta – Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company specializing in the distribution of specialty piping materials. “Having started the conversation with the business owner in early February, things slowed down due to COVID-19, but we stayed connected knowing they needed a flexible solution to pay for the…
Sallyport Commercial Finance structures a $1,750,000 credit facility for a supplier to the trading card industry
9/4/2020 Pacific Northwest – Sallyport Commercial Finance helps a passionate entrepreneur and hobby enthusiast in the trading card business find a solution to meet the growing demand and fill upcoming orders.  The credit facility will enable the business to continue to service their existing customers and help grow market share. “The business owner had two…