Skip to content
Newsroom

Sallyport Commercial Finance Extends Credit Facility to a Mechanical Engineering Firm in the Pacific Northwest.

Sallyport-Icon
6/20/19 – Washington – Sallyport Commercial Finance provides a $1,250,000 Accounts Receivable facility to a company that delivers a variety of mechanical, electrical and fire protection engineering services to various businesses nationwide.

The business operates in the construction service industry providing technical drawings and architectural projects for contractors in the aviation, education, healthcare, marine, military and municipal markets.

“This firm attempted to work with two other lenders that were unable to provide the necessary funding in order to pay off the incumbent bank.  The bank was growing impatient and needed a solution.  Sallyport stepped in with a quick and viable resolution, giving the bank a reprieve and the client, the ongoing working capital needed to realize new opportunities,” states James Bartel, Vice President of Business Development.

Sallyport is excited to take on this well-established and respected client so that they can pay off their current lender, sign new contracts for expansion, and continue to develop pertinent technology that will help sustain their Hopes and Dreams for continued success in a growing economy.

Posted in
  • News

Q4 2024 Funding Highlights

January 15, 2025

With 2024 all wrapped up, we’re proud to share a snapshot of the incredible businesses we’ve had the privilege to…

Read More

A Selection of UK Businesses Funded in Q3 2024

October 11, 2024
Read More
  • Articles

yoga class on beach for helath and wellness blog

Health and Wellness – What’s Driving the Feel Good Factor?

If there was anything good to come out of the last couple of years, maybe it’s that people are prioritizing…

Read More
industrial-printing-press-sallyport-print-industry-blog-feature-image

Print Industry Pushed To Limits

In many industries stock constraints have begun to ease over recent weeks. Fears over virus cases and transmission seem finally…

Read More
  • Videos

The Most Financial Time of the Year

Sallyport commercial finance’s Annual Holiday Music Video!  

View Now
sallyport commercial finance logo

What is an Entrepreneur?

View Now
Scroll To Top