Newsroom
Electronic Bikes Distributor on a Roll with $500,000 Finance
![thumbnail1 thumbnail1](https://sallyportcf.co.uk/wp-content/uploads/2018/11/thumbnail1.png)
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 other Canadian provinces. Our services were chosen as we were able to get the funds out more quickly than the competition.
Dan Millar, VP Canada, noted the importance of Sallyport being able to move swiftly for the client…
We were able to get the client the funding they needed in less than two weeks from receiving the signed application and this included the buyouts and subordinations that were needed. This is testament to the entire Sallyport Commercial Finance team and their ‘can-do’ attitude; the customer now has the working capital they need to expand their business throughout Canada.
We look forward to seeing the client achieve their hopes and dreams and grow their business with our support.
Search
News
Sallyport UK Team Takes Time to Give Something Back
Our team were honoured to spend a day volunteering recently at Leuchie House, a fantastic independent charity that provides support…
Read MoreArticles
COVID-19: Catalyst or Concern for the Telecoms Industry
The telecoms industry is made up of diverse sectors and has so far suffered an equally diverse range of impacts…
Read More2021 Year-End Financial Checklist for Small Business
Business owners are busy all year round but as the holiday season approaches, things reach a new level of hectic.…
Read MoreVideos
Popkoffs Client Testimonial
Popkoffs Client Testimonial 
View NowThe Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View Now