We’re excited to announce finance of $1,500,000 for a distribution company operating out of mid-western US.
Our client will utilize the funds, comprising $1,250,000 in accounts receivable financing and $250,000 as a small business loan, to expand upon their current customer base and focus on the servicing of smaller companies.
The client was referred to us directly and our personal relationship with them, along with our receptiveness in assisting with their growth through acquisition, put us in the best position to provide a winning financial solution.
“Being top of mind when it comes to helping investors fund an acquisition is quite gratifying. Helping them produce a solution that preserves the groups’ fund while providing a sustainable working capital solution for growth and profitability; that’s a win for everyone!”
James Bartel, Senior Vice President, Sallyport Commercial Finance.
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