Sallyport are delighted to announce another early September funding – $1,000,000 accounts receivable finance for a startup business manufacturing sustainable, eco-friendly kitchenware.
The $1,000,000 facility will be used in conjunction with purchase order financing to support their rapid growth, enabling them to fulfill a number of larger orders that they’ve recently secured.
The client was referred to us by a specialist PO lender and we were a step ahead of the competition given our ability to turn the deal around quickly on terms that were particularly favorable to them.
“It’s always exciting to be part of the growth of a StartUp organization and even more so when that company’s ethos is to create products which help us all to leave the world a better place than we found it. We love helping entrepreneurs with phenomenal ideas and can’t wait to see how the client flourishes in this really exciting phase of their business’ growth.”
Alexandra Scoggin, Vice President, Sallyport Commercial Finance.
Hold the Phone: Verification Calls Are Key Risk Management Tools
There is no question that technology is helping factors function in a more efficient, cost effective manner. But Emma Hart…
Read More
Invoice Factoring Vs Invoice Financing: What’s the Difference?
There’s a lot of confusion among small business owners who are new to accounts receivable finance about the differences between…
Read More
AG Machining Client Testimonial
AG Machining Client Testimonial
View Now
The Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View Now