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.
Search
News
Q1 2025 Funding Highlights
We’ve had a strong start to Q1, not just here in Scotland but across the UK – we’re proud to…
Read MoreQ4 2024 Funding Highlights
With 2024 all wrapped up, we’re proud to share a snapshot of the incredible businesses we’ve had the privilege to…
Read MoreArticles
Can you Prepare your Business for Recession?
If you haven’t started to prepare your business for recession yet, you’re not alone. With all the uncertainty globally and…
Read MoreCommercial Real Estate Finance and the Prolonged Pandemic
Commercial real estate comprises very different economic sectors which have so far been very disparately impacted by the pandemic –…
Read MoreVideos
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View Now