Skip to content
Newsroom

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 company to help mitigate risk, Sallyport structured a solution that will benefit the business in the short term so they can focus on the future.

“Being cut off by a lender is extremely stressful” states, Greg Dyson, National Sales Manager.  “During these unprecedented times, we have to find creative ways to fund businesses, that will bring value to entrepreneurs struggling to keep their business afloat.” 

Sallyport is pleased to provide the needed working capital required to cover payroll and help the business navigate difficult times in the energy sector.  When the economy stabilizes, the business will be positioned to expand and diversify, ensuring the owners will be able to achieve their Hopes and Dreams.

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

jeans hanging in store as feature image for apparel industry blog

Funding a Multifaceted Apparel Industry

The apparel industry is unique and not just with regards to the fashions you see hitting the catwalk each season.…

Read More
funding for dropshipping blog feature image with ecommerce on street sign

Where to Find Funding for Dropshipping Businesses

Dropshipping can be a very low-cost way to start an e-commerce business. You can think of it as using a…

Read More
  • Videos

sallyport commercial finance logo

What is an Entrepreneur?

View Now

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
Scroll To Top