$400K AR Facility to a Food Manufacturer and Distributor

Sallyport Commercial Finance, LLC Provides $400K AR Facility to a Food Manufacturer and Distributor

Las Vegas, NV – June 20^th, 2017 – Sallyport Commercial Finance recently provided a $400,000 Accounts Receivable Facility to a company who delivers fresh foods daily to hotels and casinos within the Las Vegas area.

Established in 2013, the company incorporates a team of dietitians to create a unique set of nutritional guidelines in partnership with every one of their clients.  Their products are featured in casino convenience stores located across the metropolitan Las Vegas area.  They also provide a variety of catering menus and food service items ready to be delivered to a medley of restaurants, many of them owned by MGM.

Sallyport’s creativity allowed them to work collaboratively with the existing lender while providing the necessary working capital to facilitate growth and help this business achieve their hopes, dreams and future objectives.

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.