Archive for February 2022
$7,500,000 Finance Fuels Oil and Gas Industry Manufacturer
Sallyport is delighted to add another client in February with $7,500,000 Accounts Receivable funding for a tank manufacturer to the Oil and Gas industry. The manufacturer’s products are in huge demand and with a significant backlog of $80m worth of orders, they needed working capital to satisfy an investor loan and meet their payroll whilst…
Read MoreExisting Staffing Client Entrusts Sallyport to Finance Expansion
The best testimonial we could have is an existing client entrusting us with their continued growth. Our client who provides staffing services to the energy industry has just been equipped with a $500,000 accounts receivable facility to finance expansion and support their opening of a new division. This facility will enable them to manage working…
Read MoreAre Small Business Loans Hard to Get?
Small business loans have been the primary source of external financing for businesses and entrepreneurs for hundreds of years and banks still constitute around 70 percent of all lending supplied to businesses. It’s unsurprising then, that outside of personal funds, a loan from a high street bank is usually the first thing that comes to…
Read More$5,000,000 Finance Package Fuels Health Drinks Manufacturer
The health and wellness industry is flourishing and Sallyport is excited to be part of this growth, providing a $5,000,000 finance package for a North American manufacturer of health drink products. The Canadian client with a U.S. subsidiary produces nutritional health drinks aimed at the over forties. The products promote muscle recovery, improved energy levels…
Read MoreCan You Get a Business Loan with Bad Credit?
Good credit management is one of those things that you only value when you really need it. When it comes to securing finance to grow a business, getting a small business loan may not be as straightforward as you’d hoped if you’ve neglected to keep an eye on your credit score and bad credit control…
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