Sallyport are pleased to welcome on board a growing professional services business with $750,000 in accounts receivable finance for a digital marketing agency.
The client was referred directly to Sallyport through a key relationship with a UK business banker. As the clients’ UK bank and indeed several other UK banks, no longer fund foreign subsidiaries of UK businesses, Sallyport stepped in with the finance they needed to grow the U.S. subsidiary of their UK-headquartered business. The funds will be utilized to refinance their existing lender and support investment into their U.S. business.
Nick Hart, President of Sallyport, noted Sallyport’s strength and flexibility as an organization with U.S. and UK presence…
“Sallyport is seeing an increase in demand for the funding of US subsidiaries of internationally owned businesses. Our international footprint allows us to tailor financial solutions and help these clients fund & grow their businesses.”
We’re extremely excited to work with an innovative professional services company on their growth in the U.S. market and look forward to seeing them achieve their goals both here and in the UK.
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