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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.
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