Newsroom
Sallyport Commercial Finance Delivers a Working Capital Solution to a Traffic Control Company.
California – 4/2/20 – Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable facility, including a $500,000 Cash Flow Loan to company that provides a complete range of traffic control services for their customers.
“When we connected with this traffic and safety company, they recently had taken a large ACH loan to help with their short-term payroll needs. In addition, the current fallout from the COVID-19 virus put their future as an SME in question. When it was identified that the company was defined to be an essential business, there was an immediate demand to meet local government needs. Sallyport was able to provide a factoring facility and a cash flow loan to ensure this business has the capital to meet its payroll and expansion needs.” states Matthew Tobin, Vice President.
Sallyport is excited to extend a finance solution to a company that stands on the front line of combatting COVID-19. During this time of hardship, we believe it’s imperative that we all work together to ensure small and medium sized businesses have the sustainable working capital to secure their future.
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
Adapting Business for the New Normal
Small businesses have an instinctive ability to be able to adapt to changing economic and market conditions and at no…
Read MoreLabor Market Shortages Stifling SME Growth
Since the U.S. has started to resume business-as-normal there’s been talk of a labor market shortage emerging and creating a…
Read MoreVideos
AG Machining Client Testimonial
AG Machining Client Testimonial
View NowThe Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View Now