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
Apparel Company Gains $200K to Fuel Canadian Retail Growth
Sallyport Commercial Finance is pleased to announce a $200,000 Accounts Receivable (AR) factoring facility for a growing lifestyle sportswear and…
Read More about Apparel Company Gains $200K to Fuel Canadian Retail Growth$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 GrowthArticles
A Guide to Accounting for Factored Receivables (inc Example)
When you begin invoice factoring, your invoices are transferred to the factoring company for collection and they cease to be…
Read More about A Guide to Accounting for Factored Receivables (inc Example)How to Expand a Business : Tips to Help You Grow in 2024
In the dynamic landscape of business ownership, the desire to expand a business is a common strategic goal for entrepreneurs…
Read More about How to Expand a Business : Tips to Help You Grow in 2024Videos