$1,750,000 to Keep Oilfield Businesses Flowing

At Sallyport, we’re committed to helping businesses overcome cash flow challenges and achieve their long-term goals. We’re excited to announce that we’ve provided $1,750,000 in Accounts Receivable Financing to an oilfield equipment and repair company, giving them the working capital they need to continue expanding.

With most of their customers operating on 60-90 day payment terms, the company faced cash flow constraints that made it difficult to grow their client base, purchase parts and fulfill orders. Through an internal Sallyport employee referral, they turned to us for a flexible financing solution. Our hands-on and flexible approach ensured that we were with them every step of the way, guiding them through the process and making this deal happen.

With this funding in place, the company can now focus on increasing cash flow, securing more clients, and expanding operations with confidence.

“This is exactly the kind of situation where our financial solutions have the biggest impact on businesses. We guided them through the process, got them the funding they need to grow and we look forward to working hand-in-hand to grow the business together.” – Josh Sapolich, Vice President, Sallyport Commercial Finance 

At Sallyport, we’re more than just a lender, we’re a trusted partner, dedicated to helping businesses thrive. If you’re facing similar cash flow challenges, let’s explore how we can help your business grow.