Skip to content

$1,500,000 Finance for Food Manufacturer on Growth Spurt

Sallyport is pleased to announce accounts receivable finance of $1,500,000 for a frozen food manufacturer to round off our March business. 

The price of dairy products such as eggs has increased massively since 2020 and the finance will enable the client to prepay suppliers for these ingredients, locking in better pricing for more predictable profit. They intend on growing the business to a level where they’re able to sell it in the next two years. 

Alexandra Scoggin, Senior VP for Sallyport is looking forward to supporting the client through this exciting stage of their growth…

“I’m delighted that an old prospect decided to reconnect and we were able to support them with a working capital solution that works for them as they grow the business.”

Posted in
  • News

Canadian Distribution & Storage Business Boosted By $2M Finance

June 30, 2024

We are thrilled to announce that Sallyport has successfully funded a $2 million invoice factoring facility for a rapidly growing…

Read More

Canadian Business Revitalized with $2.5M Finance Boost

May 13, 2024

At a crucial time in Big Erics 80-year history, Sallyport are delighted to be announcing $2.5 million in financing for…

Read More
  • Articles

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

Disclosure Laws Incoming – Commercial Lenders Prepare to Comply

Many U.S. states have either already introduced commercial lending disclosure laws or are in the process of passing new legislation.…

Read More
  • Videos

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now

What is Factoring?

Here we explain what exactly factoring is and how we can help your cash flow…

View Now
Scroll To Top