Newsroom
$2MM A/R Finance for Rapidly Growing Canadian CPG
Sallyport Commercial Finance is pleased to announce a $2,000,000 Accounts Receivable facility for a fast-growing Canadian food manufacturing and Consumer Packaged Goods (CPG) company focused on scaling its brand across North America.
Referred by a peer in the alternative finance industry, the company approached Sallyport during a pivotal growth phase. Rapid expansion into major retail and distributor channels, particularly in the U.S., created increased working capital demands driven by upfront inventory purchases and extended distributor payment terms. Like many high-growth CPG businesses, the company needed a flexible funding solution to bridge a long cash conversion cycle while maintaining momentum.
The Sallyport A/R facility will be used to support ongoing production, inventory purchases and operating expenses, allowing the company to confidently fulfill orders and continue expanding across major grocery and specialty retail partners while awaiting customer payments.
Looking ahead, the company’s long-term goals include scaling distribution across North America, strengthening relationships with leading retailers and distributors and achieving sustainable profitability as volumes increase.
The client selected Sallyport for our ability to move quickly and structure a flexible A/R solution tailored to a distributor-driven CPG model. Our experience in the food and Consumer Packaged Goods sector, combined with our ability to structure around existing lenders without slowing execution, proved critical in delivering a funding solution aligned with the company’s growth trajectory.
Dean Winter, VP of Business Development at Sallyport Commercial Finance, commented:
“This was an exciting opportunity to support a Canadian CPG company at a pivotal stage of growth. The management team is sharp, organized and building something special and we’re proud to provide a flexible A/R solution to help them scale their business across North America.”
Sallyport is proud to support innovative CPG companies with flexible, growth-oriented financing solutions designed to keep pace with the realities of modern retail and distribution.
Search
News
$500K Funding Fuels Healthcare Staffing Growth
Sallyport Commercial Finance is pleased to announce a $500,000 Accounts Receivable Factoring facility for a growing healthcare staffing company. Referred…
Read More about $500K Funding Fuels Healthcare Staffing GrowthBeauty and Cosmetics Distributor Secures $1M Growth Funding
Sallyport Commercial Finance is pleased to announce the funding of a $1,000,000 Accounts Receivables Factoring facility for an established beauty…
Read More about Beauty and Cosmetics Distributor Secures $1M Growth FundingArticles
Equipment Financing for Startups- The Lowdown
Equipment financing refers to finance that is used to loan or lease a tangible business asset other than real estate.…
Read More about Equipment Financing for Startups- The LowdownAsset-based Lending – Fact or Fiction
Asset-based lending has been around for a long time and is a very popular way to improve working capital for…
Read More about Asset-based Lending – Fact or FictionVideos
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View Now about American Business Women’s DayAG Machining Client Testimonial
AG Machining Client Testimonial
View Now about AG Machining Client Testimonial