Newsroom
Sallyport Commercial Finance Tailors a Credit Facility for a Custom Metal Fabrication Company.
12/13/18 – Sallyport Commercial Finance delivers a $2,000,000 Accounts Receivable facility to a sophisticated metal fabrication company serving domestic and international OEM manufacturers.
With a 35-year history, this company has found success by providing excellent customer service and cost-effective solutions to their customers. They have grown from a small local metal working shop to a business serving Fortune 500 companies. As the business grew, their current lender was restricting their expansion by initiating restrictive concentration caps and credit limits. With a creative approach and understanding of the business needs, Sallyport was able to provide the needed relief for business growth and expansion.
“With our new client, we were able to understand their need for a flexible structure to increase availability and fuel growth. By listening, we identified a solution which works best for their continued growth, whereas their incumbent lender was being stiff on terms and not willing to cooperate. We took the time to understand the client’s needs and be malleable for their growth where others were not,” states Danny Krasna, Vice President of Business Development.
Sallyport is delighted to support this company with their working capital needs so that they can continue to provide excellent customer service, expand the business, and achieve their Hopes and Dreams.
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 MoreNew Year, New Risks for Small Business
As the world faces the news of a new strain of the COVID-19 pandemic and a potential fourth ‘wave’ of…
Read MoreVideos
AG Machining Client Testimonial
AG Machining Client Testimonial
View NowPopkoffs Client Testimonial
Popkoffs Client Testimonial
View Now