$500K Injection Fuels Oil & Gas Start-Up Growth

Sallyport Commercial Finance is pleased to announce the successful delivery of a $500,000 Accounts Receivable Finance facility to a growing start-up in the Oil & Gas sector.

Referred by an existing Sallyport client, this opportunity is a testament to the strength of our relationships and the trust we build with every partnership. The client, in the early stages of its growth journey, required flexible working capital to support ongoing operations and scale within a competitive and capital-intensive industry.

Understanding the urgency and potential of the business, Sallyport structured a tailored receivables finance solution designed to provide immediate liquidity and support sustainable expansion. The funding will be used to maintain healthy cash flow and fuel the company’s continued growth in the Oil & Gas market.

With no incumbent lender in place, the client chose Sallyport based on an existing relationship with one of our clients – highlighting the value of reputation and results-driven service.

Dan Millar, Senior Vice President at Sallyport, commented:
“It’s always nice to get a referral from an existing client. To have that form of trust and credibility is the ultimate endorsement.”

This latest transaction underscores Sallyport’s commitment to supporting emerging businesses with flexible, relationship-led financing solutions that evolve alongside their ambitions.