Skip to content
Newsroom

$7MM Credit Facility to a Company That Manufactures Industrial Cooling Units.

Sallyport Commercial Finance Provides a $7MM Credit Facility to a Company That Manufactures Industrial Cooling Units.

3/16/18 – Florida – Sallyport Commercial Finance provides a $7,000,000 Accounts Receivable credit facility to a company that develops outdoor cooling products to manage hot weather conditions.

Founded by a group of army veterans, this business provides commercial grade cooling products to help mitigate heat exhaustion in the work place and improve the safety of employees in warehouse and industrial environments.

“Our ability to understand growing businesses needs was truly reflected in this transaction.  Through strategic partnerships, we were able to provide the right working capital solution to finance their incredible upcoming growth,” says Danny Krasna, VP of Business Development.

For nearly a deade, this company has grown exponentially and needed a lender who understood their seasonality and financing needs.  Sallyport Commercial Finance is happy to partner with this company and provide them with the working capital needed to support their 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 our industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables and IT.

Posted in
  • News

$5MM Finance for a Construction Business

June 18, 2021

Sallyport have just finalized an agreement to provide $5.0 million in finance for a construction business. The client had limited…

Read More

$2MM Purchase Order Finance for Apparel Business Expansion

June 15, 2021

Sallyport are thrilled to announce $2.0 million in accounts receivable and purchase order finance for an expanding apparel business. Sallyport…

Read More
  • Articles

jeans hanging in store as feature image for apparel industry blog

Funding 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 More
group of protestors against climate change

What are the Biggest Risks to Business in 2021 and Beyond

If this was asked at this point last year, the response would be in major contrast as to the biggest…

Read More
  • Videos

sallyport commercial finance logo

What is an Entrepreneur?

View Now

What is Factoring?

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

View Now
Scroll To Top