Multi-Million Dollar Credit Facility to a New Start Staffing Company Serving the Energy Sector

Sallyport Commercial Finance Provides a Multi-Million Dollar Credit Facility to a New Start Staffing Company Serving the Energy Sector

June 6^th, 2018 – Houston, TX – Sallyport Commercial Finance provides a $5,000,000 Accounts Receivable facility to a staffing company that offers expertise to onshore land based and marine applications.

Established in 2018, this newly formed company was introduced to Sallyport by an investor group who knew Sallyport would provide good counsel and direction with financing to support their growth.   The business provides skilled craftsmen with a range of specialized services that include electrical, fabrication, instrumentation, construction, environmental, supervisory, safety and inspection.

“We are proud to partner in their new venture. They have assembled a powerful management team and despite being a new entity, their excellence in service delivery has already blown the competition away.” – Stated Nick Hart, President of Sallyport Commercial Finance. The result of our powerful partnership is that their client has now made them a key supplier and sales are likely to be double the initial projection.  “Delivering client focused solutions together. It’s what we do.”

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.