Skip to content
Newsroom

$500,000 Finance for a StartUp to Accelerate Growth

We’re delighted to announce the first funding for 2024 – $500,000 finance for a startup chemicals importer experiencing a common challenge for newer businesses. With no payment terms from their suppliers and extended payment terms from their customers, the client had a bottleneck in working capital preventing them from fulfilling orders. 

The business was referred to us by a past client and the funding will enable them to continue growing by bringing on more customers and expanding the product offering.

Dean Winter, Business Development Executive for Sallyport is grateful to be able to support an ambitious startup with a financial solution they may not otherwise have access to…

It’s a privilege to have the opportunity to support a growing startup. The entrepreneur’s unique industry experience, along with our understanding of their specific financial needs, lays the groundwork for our partnership. I’m looking forward to being part of this next step in their business’ success journey.”

 

Posted in
  • News

$500,000 Clears the Way for Organic Soap Manufacturer

January 26, 2024

In a significant development this January, an established organic soap manufacturer has secured $500,000 in accounts receivable finance. Boasting a…

Read More

$2M Finance Catalyzes Manufacturing Business Restructure

January 12, 2024

In our second deal for 2024, we’re equipping our existing client with $2,000,000 accounts receivable finance which provides the ongoing…

Read More
  • Articles

business-acquisition-financing-blog-feature-black-sign-with-acquisition-arrow-and-dollar-sign

Understanding Business Acquisition Financing

At the simplest level, business acquisition financing is the capital that needs to be obtained for a company to purchase…

Read More

Using Staffing Factoring to Overcome Industry Challenges

Staffing factoring essentially refers to invoice factoring when used by a staffing company. Factoring for staffing companies, whilst the specific…

Read More
  • Videos

sallyport commercial finance logo

What is an Entrepreneur?

View Now

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
Scroll To Top