Newsroom
Sallyport Commercial Finance offers a $4,000,000 line of credit for Canadian Security Firm
10/28/2020 – Canada – Sallyport Commercial Finance opens a $4,000,000 Accounts Receivable facility to a large Canadian Security Firm.
After several lenders reviewed and passed on the business, the company was introduced to Sallyport who took the time to listen and structure a solution that will benefit the business for long term expansion.
“The company was looking for a financing need that supported their projected growth. Understanding their situation, we structured a working capital solution that will help with the fulfillment of new contracts” states Dan Millar, Vice President. “Partnering with one of our trusted equipment lenders, the client now has the funding to confidently secure future business.”
We’re excited to be in a position to support entrepreneurs with financing solutions to help them grow. Structuring an equipment advance and a real estate loan with one of our lending partners will put the business back on track. Securing the Hopes and Dreams of entrepreneurs, it’s what we Do!
Search
News
$1M Funding Fuels Agri-Business Growth Across Borders
Sallyport is pleased to announce a new partnership with a Canadian agriculture business, providing a $1,000,000 Accounts Receivable facility to…
Read MoreFueling EdTech Growth with $5.5M in Tailored Financing
Sallyport is excited to support a forward-thinking education technology company with a $5.5M combined Asset-Based Lending facility, including Accounts Receivable…
Read MoreArticles
Understanding Accounts Receivable Turnover Ratio for Business
Accounts receivable turnover ratio, also known as debtor turnover ratio, is an accounting measure used to calculate how efficient a…
Read MoreBusiness Banking post-COVID
The business banking industry had to adapt as quickly as COVID-19 hit. For a business model that was edging slowly…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View NowPopkoffs Client Testimonial
Popkoffs Client Testimonial
View Now