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$2MM Factoring Facility Powers Manufacturing Growth
Sallyport Commercial Finance is pleased to announce a new $2,000,000 Invoice Factoring Facility for a Manufacturing company acquired by a private equity firm as part of its strategic growth initiative across the Sunbelt region.
Following the acquisition of a well-established Louisiana-based manufacturer with more than 20 years of industry expertise, the new ownership group sought a financing solution that would strengthen working capital liquidity and support ongoing operations. As part of the transaction, existing debt facilities, including an SBA loan and bank line with Home Bank, were paid off, creating an opportunity to implement a more flexible source of funding.
Sallyport provided a $2 million Invoice Factoring Facility designed to unlock cash tied up in receivables and improve liquidity on the back end of the acquisition. The facility will provide immediate working capital to support daily operations while positioning the company for future expansion.
The private equity firm’s long-term strategy includes driving operational efficiencies and acquiring additional manufacturing businesses throughout the Sunbelt states. Sallyport’s flexible funding solution aligns with these objectives by providing scalable working capital without the restrictions and personal guarantee requirements often associated with traditional bank financing.
The opportunity was introduced through a trusted broker referral. Sallyport distinguished itself through responsiveness, relationship-building and a commitment to delivering on promises throughout the process. The ability to move quickly and provide a tailored financing solution without requiring a personal guarantee played a significant role in the client’s decision to partner with Sallyport.
“It was a rewarding experience connecting with everyone involved and having the chance to support a manufacturing company with more than two decades of expertise,” said Jarret Ortmann, Business Development Executive at Sallyport Commercial Finance. “Their capabilities in engineering, cutting, machining and fabrication showcase a level of quality and craftsmanship that truly represents the best of American manufacturing.”
Sallyport Commercial Finance remains committed to providing customized working capital solutions that help businesses navigate acquisitions, improve cash flow, and pursue ambitious growth objectives.
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