Sallyport is delighted to announce $2,825,000 in finance for a Canadian print business. The funding comprises $2.5M accounts receivable and $175,000 equipment finance and $150,000 in the form of a cash flow loan. 

As an existing client, satisfied with Sallyport’s service, the business was more than happy to approach us to support them with their growth plans in North America. They were able to acquire a complementary business and the funds will allow them to focus their attention on growing this operation, confident that their working capital needs are met. 

Dan Millar, VP for Sallyport, noted the complexities present and was appreciative of the team effort in coming together to get it done as always…

“There were many moving parts and tight timelines to bring this transaction to a close. The speed and flexibility with which it was handled was attestation to the entire Sallyport team.”

It’s wonderful to hear that the client was once again happy with our approach to serving them…

“Having dealt with the Sallyport team in the past, their flexible and tailored approach to helping us with an asset based financing structure really helped us with the acquisition of this target company and we look forward to working with them going forward as we grow our newly acquired business” – President.