Newsroom
$3.5 Million Funding For Bottling Company to Pursue Global Goals
Sallyport is delighted to announce $3.5 million funding for a family-owned natural water bottling company headquartered in Texas. The financial package, comprising a $3 million accounts receivable facility and $500,000 cash flow loan will facilitate their growth with additional working capital to cover operational expenses for payroll and suppliers, allowing them to scale-up the business and acquire new customers.
As the business exhausted their bank finance due to their success and rapid growth, they were referred to Sallyport by a tax advisory firm and ultimately chose to work with us as we worked diligently to understand their needs and goals.
Annie Mask of Sallyport commented…
“We are excited to provide a facility that will support the growth of this business and help them reach their full potential. The company has already been extremely successful in the US and we’re confident that with the right support on this new stage of their journey, they will realize their ambitions and become a well-known premium brand internationally.”
Search
News
$500K Boost: Sallyport Helps Meat Processor Thrive
At Sallyport, we believe in fueling the ambitions of business owners with the financial support they need to thrive. We’re…
Read More$1,750,000 to Keep Oilfield Businesses Flowing
At Sallyport, we’re committed to helping businesses overcome cash flow challenges and achieve their long-term goals. We’re excited to announce…
Read MoreArticles
Canadian Labour Market Stalls: A Concern for Businesses?
In June 2024, the Canadian labour market witnessed a surprising development with the loss of 1,400 jobs, marking a rare…
Read MoreTrends Transforming the Food and Beverage Industry
There’s not much to come out of the pandemic unscathed and unchanged and this is especially true for the food…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now