Archive for September 2020
Sallyport Commercial Finance offers credit facility to two directional drilling sub-contractors
9/30/20 – Colorado – Sallyport Commercial Finance helps two sub-contractors in need of working capital to cover overhead and payroll expenses as they expand the nations demand for fiber optics in rural communities. “It’s a pleasure working with young entrepreneurs who find opportunities in areas of high demand but lack the financial support to carry…
Read MoreSallyport Commercial Finance funds a Canadian wholesaler with a $1,000,000 Accounts Receivable line of credit
8/19/20 – Canada – Sallyport Commercial finance offered a $1,000,000 Accounts Receivable facility to a well-established cosmetic wholesale and distribution company working with major retailers worldwide. This facility will help the business adapt to the changing retail sector and enable them to expand their product offerings for PPE distribution. “With a bank line too small…
Read MoreSallyport Commercial Finance helps a Specialty Pipe and Fitting distributor with a $250,000 Credit Facility
8/20/20 – Alberta – Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company specializing in the distribution of specialty piping materials. “Having started the conversation with the business owner in early February, things slowed down due to COVID-19, but we stayed connected knowing they needed a flexible solution to pay for the…
Read MoreSupporting Businesses in 2020
Sallyport Commercial Finance structures a $1,750,000 credit facility for a supplier to the trading card industry
9/4/2020 Pacific Northwest – Sallyport Commercial Finance helps a passionate entrepreneur and hobby enthusiast in the trading card business find a solution to meet the growing demand and fill upcoming orders. The credit facility will enable the business to continue to service their existing customers and help grow market share. “The business owner had two…
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