Newsroom
$4M Facility Sparks Growth for Industrial Cleaning Franchise
Sallyport Commercial Finance is proud to announce the funding of a $4,000,000 Accounts Receivable facility for a leading industrial cleaning company.
The client, referred to us by a consultant working with their bank, faced the pressing need to repay existing obligations while injecting fresh working capital to fuel growth. With their sights set on a turnaround, they needed a funding partner who could help them return to profitability and build a stronger, more sustainable business for the future.
Where others struggled, Sallyport delivered. The company’s franchise billing structure presented challenges that many lenders were unwilling or unable to work with. By taking the time to understand the intricacies of both the client and franchisor’s operations, Sallyport crafted a flexible solution that unlocked the capital needed for stability and growth.
“We’re thrilled to support our new client in their journey toward renewed profitability and growth. This deal is a testament to the dedication and expertise of the Sallyport Commercial Finance team, who worked tirelessly to navigate the complexities of a franchise billing structure. By collaborating closely with both the client and franchisor, we were able to craft a solution that others couldn’t. It’s a proud moment for all involved.”
— Dan Millar, VP Business Development
This funding highlights Sallyport’s commitment to solving complex challenges with creativity, collaboration, and speed, ensuring that when businesses need a way forward, we’re there to help them seize it.
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
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 More about Understanding Accounts Receivable Turnover Ratio for BusinessTreasury Announce $1 Billion Small Business Support for 11 More States
U.S. Department of the Treasury recently announced an additional $1 billion in small business support in a further 11 states…
Read More about Treasury Announce $1 Billion Small Business Support for 11 More StatesVideos
AG Machining Client Testimonial
AG Machining Client Testimonial
View Now about AG Machining Client Testimonial