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$2MM Credit Facility to a Strategic Marketing Firm.
Sallyport Commercial Finance Provides a $2MM Credit Facility to a Strategic Marketing Firm.
4/20/18 – Southern California – Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable facility to a strategic casino and gaming marketing firm.
Family owned and operated, the company has seen tremendous growth and opportunity by partnering with hundreds of casinos and related industries across North America by selling a variety of promotional items ranging from cookware to hats.
“Our new client had outgrown their current factoring partner and had a number of key challenges to overcome in order to accommodate their growing pipeline. After an exhausti20ve search by our client for a new financing partner with no success, Sallyport was found to provide the right combination of financing in conjunction with our PO financing partner. Sallyport’s ability to accommodate our new client with a larger credit facility in addition to a term loan shows our desire to support entrepreneurs,” says Matthew Tobin, VP of Business Development.
Sallyport is happy to support emerging businesses with a creative and flexible working capital solution so companies can continue to grow and achieve their business 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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