Skip to content
Newsroom

$650,000 to a Land Acquisition Company.

Sallyport Commercial Finance Provides $650,000 to a Land Acquisition Company.

October 20th, 2017 –Texas – Sallyport Commercial Finance recently provided a $650,000 AR Facility to a company that specializes in energy development.

This established service provider works with utility, energy and transport companies to assist them in purchasing land for development.  Their background includes acquiring land for wind/solar farms, right-of-way acquisition for transmission lands, as well as assisting in new petroleum pipeline systems.  With the continued growth in the energy sector and an increased demand for their services, the company needed a flexible credit facility that would help them grow and meet their growing payroll demands.

Sallyport Commercial Finance is happy to partner with this company and alleviate any cash flow constraint so that they can continue to grow and achieve their business Hopes and Dreams.

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 industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.

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

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
canadian-labour-market-blog-feature

Canadian Labour Market Defies Expectations – What Next for Businesses?

Statistics Canada recently published their monthly labour force survey which showed unemployment held steady at 5% in January. That figure…

Read More
  • Videos

Scroll To Top