$3.0 Million Credit Facility to an Apparel Company Serving the Entertainment Industry

Sallyport Commercial Finance Provides a $3.0 Million Credit Facility to an Apparel Company Serving the Entertainment Industry

1.29.18 – California:  Sallyport Commercial Finance provides a $3,000,000 combined credit facility to a global merchandising company that works with high-profile performers.  The facility includes an A/R Line, an Inventory Advance and a Seasonal Over Advance that delivers the needed working capital to ease cash flow constraints and help build inventory.

Sallyport Commercial Finance recognizes the challenges of a seasonal business – “We are immensely satisfied to be working with our new client to provide the much-needed cash flow for their seasonal income streams,” – VP of Business Development, Matthew Tobin.   “Working directly with the CFO, Sallyport was able to deliver the right combination of financing tools to meet their needs and we look forward to the continued success of our partnership.”

Sallyport Commercial Finance 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 our industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables and IT.