Skip to content
Newsroom

$900,000 Finance for Growing Staffing Business

$900,000 in Accounts Receivable finance sets up staffing business for stateside growth.

The client was referred to Sallyport via our partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll, invest into new areas and be able to compete for bigger contracts. The client will now use the funds to pay suppliers, meet payroll and make capital investments which will fuel their growth across states and enable them to take on the larger contracts that they weren’t able to previously.

Alexandra Scoggin, VP for Sallyport commented…

From start to finish the client team were such a passionate group of people to work with and their ambition for growing the business was evident. We were able to get them funded and up and running with their facility very quickly giving them the breathing room they needed to concentrate their efforts on the business.

Our new client expressed their satisfaction…

Sallyport has been amazing to work with. We are so happy that we were able to get financed by such a great company.

Posted in
  • News

Manufacturer Secures $16 Million Finance for Sustainable Future

November 14, 2023

$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 More

Dessert Manufacturer Aims High with $1,500,000 Finance

November 13, 2023

A $1,500,000 factoring facility will enable this Canadian dessert manufacturer to get their products into more major chains across the…

Read More
  • Articles

Harnessing Growth Opportunities in the Beauty Industry

The beauty industry is big business and it’s getting even bigger. Globally, sales reached $511B in 2021 and are estimated…

Read More
cash flow loan blog feature image with cash laid down like a road and three different arrow directions

How Do Businesses Benefit from a Cash Flow Loan?

Businesses experience cash flow challenges for a number of reasons. These problems are not all bad news; a company may…

Read More
  • Videos

Scroll To Top