$2MM Credit Facility to a Specialty Supplier to the Oil and Gas Industry.

Sallyport Commercial Finance Establishes a $2MM Credit Facility to a Specialty Supplier to the Oil and Gas Industry.

Iowa – July 3^rd, 2017 – Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable Facility to a new company that specializes in diverse product offerings from food related ingredients to oilfield chemicals.

“It is a great pleasure to work with an entrepreneur who seized an opportunity to grow his business and take it to the next level while understanding the benefits of partnering with Sallyport to help him manage his business successes.  The company has a bright future knowing he has secured the right working capital solutions from a trusted partner,” says Greg Dyson, National Sales Manager.

Sallyport is delighted to provide ongoing working capital to help grow this business, allowing them to build new client relationships and secure terms with suppliers overseas.

Sallyport Commercial Finance, LLC is an independently owned and operated, specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams. The senior management team have over 50 years of collective experience in helping entrepreneurs grow their businesses, both in the US and Europe, by turning their invoices and assets into cash. Sallyport Commercial Finance offers a full suite of factoring and asset-based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.