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.
Search
News
Manufacturer Secures $16 Million Finance for Sustainable Future
$7,000,000 in accounts receivable and $9,000,000 in machinery and equipment finance make up a bespoke package for a recycled plastics…
Read MoreDessert Manufacturer Aims High with $1,500,000 Finance
A $1,500,000 factoring facility will enable this Canadian dessert manufacturer to get their products into more major chains across the…
Read MoreArticles
Business Debt Consolidation – Everything You Need to Know
Business debt consolidation does exactly what you might expect; consolidate a number of varying business debts into a new agreement. …
Read MoreA to Z of Small Business Finance and Credit Terms
Most small business owners go into business to follow a passion or create freedom in their career and lives. It’s…
Read MoreVideos
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View Now