Newsroom
Sallyport helps boost Texas Chemicals Manufacturer with $7.5 Million in Funding
Sallyport commercial finance has provided a $6,000,000 million accounts receivable facility and $1,500,000 million inventory facility which will enhance working capital and facilitate the chemical and oil and gas manufacturer in progressing their growth plans.
The client was referred to Sallyport by a partner in the investment banking area, as their previous provider ceased the funding of inventory and intended to exit the relationship based on the industry. Sallyport were successful in securing the deal, working flexibly and collaboratively with a specialist in inventory lending and a financial consultant to structure a proposal that everyone was happy with.
The client was buoyed by Sallyport’s attitude to delivering a customized financial solution…
“We were extremely encouraged with Sallyport’s ‘can-do’ approach and we’re filled with confidence about the transition process as well as the day-to-day management of our account going forward. We are very much looking forward to working with the entire Sallyport team to grow our business to the next stage.”
Wade Concienne, Vice President, Business Development at Sallyport commented…
“Ensuring this deal came to fruition required a great deal of creativeness and the tenacity to find a solution befitting of the clients’ unique needs. With the guidance of an exceptional financial consulting firm and working closely with a specialized inventory lender, we were able to get the company refinanced and back on track to success. We are extremely excited to have the business on board and look forward to realizing great things together!”
Search
News
Returning Client Wins Big with $10,000,000 Finance
A return client is the best compliment for us and the services we strive to offer all of our customers.…
Read MoreStaffing Visionaries Secure $750,000 Growth Capital
$750,000 in accounts receivable finance will facilitate this staffing company in delivering innovative industry solutions and realizing their growth goals. …
Read MoreArticles
Sallyport Commercial Finance, LLC – Meet Jamie
Jamie Simmons Senior Account Executive Sallyport Commercial Finance, LLC What advice would you offer to women just starting out in…
Read MoreFunding a Multifaceted Apparel Industry
The apparel industry is unique and not just with regards to the fashions you see hitting the catwalk each season.…
Read MoreVideos
The Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View NowWhat is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now