Newsroom
Sallyport Commercial Finance helps an Oil & Gas service company diversify their business
8/19/20 – TEXAS – Sallyport Commercial Finance arranges a $500,000 Accounts Receivable facility to a servicing company in the energy sector that pivoted the business to include green energy with inspection and servicing agreements on wind turbines. As the oil prices dropped and Covid-19 halted the economy, the owners proactively moved into a new market with growing demands.
“Times are challenging, but this company took the opportunity to change their business model. Sallyport was an essential piece to this change that allowed them access to more sustainable financing to fuel their growth. We are excited to have them on board!” states Wade Concienne, VP of Sales
The bank referral trusted Sallyport’s understanding and commitment to small business and was confident they would be a great partner. The business is now in a position for continued growth and expansion worldwide.
Search
News
Articles
Electric Vehicle Market Rich with Business Opportunity
The electric vehicle is nothing new, surprisingly in fact the very first concepts of electric transportation came about over a…
Read MoreIs US Manufacturing the Route to Economic Recovery?
There’s a big sea change underway in US manufacturing, the start of which predates the significant economic and political events…
Read MoreVideos
The Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View Now