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$1.5MM Credit Facility to a Distributor of Gaming and Consumer Electronics.
Sallyport Commercial Finance Participates in a $1.5MM Credit Facility to a Distributor of Gaming and Consumer Electronics.
Southern California – 7/26/18 – Sallyport Commercial Finance Provides a $1,500,000 Accounts Receivable Facility to a company that manufactures accessories and software such as PC games and interactive toys.
“I’m very pleased that our newest client is once again working with our team. The business, which imports popular gadgets and toys for Q4, was experiencing cashflow problems with their previous international factoring service. Seeking a better solution and a lender that understands their business, the owner sought out Sallyport and moved his business over. With the knowledge and expertise of our team, the business can now easily manage their credit and cash flow needs” states Matthew Tobin, VP of Business Development.
Sallyport Commercial Finance is pleased to provide working capital solutions to companies facing constrained and seasonal cash flow issues that can frustrate business owners. We value our relationships and are proud to provide custom-tailored solutions that meet expectations and drive growth.
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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