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.”
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