Skip to content

$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

Canadian Business Revitalized with $2.5M Finance Boost

May 13, 2024

At a crucial time in Big Erics 80-year history, Sallyport are delighted to be announcing $2.5 million in financing for…

Read More

Advancing Apparel with $500k Accounts Receivable Finance

May 10, 2024

A $500,000 accounts receivable finance facility will serve as a vital resource for our new client as they navigate the…

Read More
  • Articles

Finding the Right Finance for Engineering

The economies of the US and Canada are heavily reliant on the success of the engineering sector which is a…

Read More

How to Expand a Business : Tips to Help You Grow in 2024

In the dynamic landscape of business ownership, the desire to expand a business is a common strategic goal for entrepreneurs…

Read More
  • Videos

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now

The Most Financial Time of the Year

Sallyport commercial finance’s Annual Holiday Music Video!  

View Now
Scroll To Top