Skip to content
Newsroom

$2M Finance Catalyzes Manufacturing Business Restructure

In our second deal for 2024, we’re equipping our existing client with $2,000,000 accounts receivable finance which provides the ongoing working capital required to trade successfully.

The client was originally referred to Sallyport over 3 years ago by a bank and has now restructured after the business was pulled into a CCAA situation by the larger parent company. They needed these funds to ensure that the newly restructured organization has positive cash flow and ultimately is successful.

Managing Director for Sallyport, Calum Williamson, notes the specialized knowledge and experience of Sallyport’s management that helped reshape the business for the future…

“Having worked with this client for three and a half years, our experienced management team understands their business in depth and what the benefits of restructuring would be. We were able to collaborate closely with the trustee and work out a deal agreeable to all which allows us to fund the new entity ongoing.”

Posted in
  • News

Helping Talent Thrive with $500K in Fast Funding

May 1, 2025

Sallyport is proud to announce a $500,000 Accounts Receivable financing facility for a forward-thinking staffing company dedicated to connecting job…

Read More

Quick Capital for Payroll: $250K to Staffing Firm

May 1, 2025

Sallyport is proud to partner with a growing IT and Technical Staffing business, providing a $250,000 accounts receivable financing facility…

Read More
  • Articles

Pet industry blog main image - cute small dog wearing coat stood by food dish

Pet Industry on a ‘Pawsitive’ Streak

Pets became priority again during the pandemic with owners forced to stay home to work and fill the void created…

Read More

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…

Read More
  • Videos

sallyport commercial finance logo

What is an Entrepreneur?

View Now

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
Scroll To Top