Archive for April 2021
Could Trade Credit Insurance Save Your Business?
Trade credit insurance or accounts receivable insurance is a type of corporate insurance policy within the Property and Casualty business insurance category that protects sellers against buyers that can’t or won’t pay for goods or services they have received. If payments are delayed or not made at all, perhaps through default, insolvency or bankruptcy on…
Read MoreSallyport Provides Startup Steel Fabrication Business $500k credit facility
Sallyport commercial finance has provided a $500,000 credit facility to a startup steel fabrication business in Texas, giving them the financial foundation they need for achieving their potential. “A local business consultant knew that Sallyport would be the ideal finance partner in helping a new start steel fabrication company based in Texas. We are pleased…
Read MoreHow to Choose an Invoice Factoring Company
You’ve already done your research and invoice factoring seems to be the most suitable option for financing your business. Other than opting for the company with the lowest monthly fees or highest advance rate, how do you choose the best invoice factoring company for your needs? Factoring companies use a similar set of underwriting principles…
Read MoreSallyport Commercial Finance Arms Health Food Manufacturer with $500k Accounts Receivable Facility
Sallyport are excited to announce a $500k accounts receivable facility to assist the turnaround of this flourishing health food manufacturer in Canada. Calum Willamson, Sallyport MD states; “We worked with the prospect and their incumbent back to agree a way forward that allowed Sallyport to inject new working capital going forward, helping the turnaround of…
Read MoreSallyport Supply $500k Accounts Receivable Facility for a Growing US Food Distributor
Sallyport agree a $500k accounts receivable facility for a growing US East Coast food distributor. “Importing produce into the U.S. is a tough business. Having a lender understand and support your growing business is imperative. Sallyport structured a solution that benefited the business by unlocking the critical working capital needed to navigate these tough times.” states…
Read MoreCommercial Real Estate Finance and the Prolonged Pandemic
Commercial real estate comprises very different economic sectors which have so far been very disparately impacted by the pandemic – retail, hotels and restaurants have had to withstand much more financial pressure than industrial or multi-family investments for example and then there’s the office sector which sits somewhere in-between in a state of limbo. Some…
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