Skip to content

$500,000 Finance Ignites Expansion of Energy Services Business 

We’re delighted to announce that Sallyport has funded another business in expanding their operations in North America. A $500,000 accounts receivable facility will provide the working capital needed for the client to disrupt the energy services market with their innovative seal technologies and enhance their presence in the region.

This client was referred to Sallyport by TSF Finance, a UK-based alternative finance company and our exhaustive approach to understanding their corporate structure proved invaluable in securing the business. The Sallyport team did what they always do, getting to work to get the client funded in the most quick and efficient way – no easy task as the business comprises two Canadian and two US entities, plus the foreign ownership component.  

Calum Williamson, MD for Sallyport Canada commented…

“Our former colleagues at TSF Finance referred the deal ‘across the pond’ and working closely with them to understand the clients’ unique needs, helped us to move it swiftly to a close. 

The client is now well positioned for the future and we look forward to being part of their success story in the US and Canada.”

TSF FInance were more than happy to recommend Sallyport as the financial partner of choice…

“It has been great working with Calum and his team to complete our first transatlantic facility. Our client appreciated the responsiveness and commerciality Sallyport showed to understand their complex structure in a timely manner.”

Alan Anderson, Director, TSF Finance

Posted in
  • News

Canadian Business Revitalized with $2.5M Finance Boost

May 13, 2024

At a crucial time in Big Erics 80-year history, Sallyport are delighted to be announcing $2.5 million in financing for…

Read More

Advancing Apparel with $500k Accounts Receivable Finance

May 10, 2024

A $500,000 accounts receivable finance facility will serve as a vital resource for our new client as they navigate the…

Read More
  • Articles

Treasury 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
food and beverage manufacturing line - worker at bottling production line

Top 10 Ways to Improve Performance in Food and Beverage Manufacturing

There’s no doubt, being in the food and beverage manufacturing industry at this point in time is tough. It was…

Read More
  • Videos

What is Factoring?

Here we explain what exactly factoring is and how we can help your cash flow…

View Now

AG Machining Client Testimonial

AG Machining Client Testimonial   

View Now
Scroll To Top