Posts by Jayne Nicholson
Delivering the Vision with $2,000,000 Funding Solution
Sallyport Commercial Finance is delighted to announce a $2M funding solution for a cutting-edge manufacturing and technology company utilizing AI to provide a frictionless sales environment. The funding package includes $2M in combined Accounts Receivable Finance and Purchase Order Finance. Referred to us by a trusted business consultant and after years of successful R&D the…
Read More$750,000 at the Disposal of New Canadian Client
Sallyport Commercial Finance is proud to announce a $750,000 Full Notification Factoring facility for a growing client in the disposal services industry. The client offers a comprehensive range of waste management and recycling solutions in the multi-residential space. Referred to us by a trusted broker, the client faced increasing cash flow challenges that were beginning…
Read MoreA Guide to Credit Terms for Business
Credit terms are a fundamental aspect of business operations, influencing relationships between companies, cash flow management and impacting overall financial health. Understanding the intricacies of credit terms is essential for any business that offers or receives credit in its transactions. This guide will explore what credit terms mean, their importance, common types and potential pitfalls…
Read MoreCanadian Oilfield Services Gets $4,000,000 Funding Boost
We are thrilled to announce that Sallyport has successfully provided $4 million in Accounts Receivable funding to a dynamic client in the Oilfield Services industry. Referred to us by a Calgary consultant, this funding will enable the company to repay existing debt and invest in substantial growth opportunities within their sector. The client’s decision to…
Read More$4M Funding Furthers Belluscura’s U.S. Expansion Goals
Sallyport Commercial Finance is delighted to announce a $4,000,000 funding facility for Belluscura, a trailblazing medical device company focused on developing innovative oxygen enrichment technology. The funding, comprising accounts receivable and cash flow loans, will empower Belluscura to expand its operations into the U.S. market, supporting the production and distribution of their groundbreaking oxygen treatment…
Read MoreCanada’s Weak Loonie: Implications for the Economy and SMEs
As of late 2024, the Canadian dollar, affectionately known as the “loonie,” has hit a low not seen in over four years, trading at approximately 72 cents to the US dollar. This depreciation has generated mixed reactions across Canada, with impacts rippling through the economy, affecting consumers and businesses in various ways. Let’s dive into…
Read MoreSallyport Fuels $250K Comeback for Wholesale Startup Growth
Sallyport Commercial Finance is proud to announce a new funding for a Canadian client in the wholesale and distribution industry, providing them with $250,000 in Accounts Receivable (AR) financing. The client turned to us for support in relaunching their business post-COVID. Due to the impact of the pandemic, the client’s business is effectively operating as…
Read MoreStaffing Firm Lands $500K to Power New Renewable Division
Sallyport Commercial Finance is proud to announce the successful funding of $500,000 in Accounts Receivable finance for a staffing firm whose parent company is an existing client. The client, referred by our Account Executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their…
Read MorePharma Industry Bounces Back to Health
The pharma industry, a critical pillar of the global economy and healthcare system, has seen dramatic shifts in the last few years. It reached unprecedented heights during the COVID-19 pandemic but then experienced a post-pandemic slump as the immediate demand for vaccines and treatments diminished. However, as we approach the end of 2024, the industry…
Read MoreFloral Business Set to Flourish with $1.2M Finance
Sallyport Commercial Finance is excited to announce the successful funding of a $1.2 million accounts receivable facility for a supplier in the floral industry. Specializing in salal, a key component in wreaths and floral bouquets, the company sought funding to manage the seasonal nature of their business, with over half of their sales occurring within…
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