Posts by Jayne Nicholson
Powering Oilfield Growth with a $500K Factoring Facility
Sallyport is pleased to announce the successful funding of a $500,000 accounts receivables facility for a growing Oilfield Services business. With increasing business activity and extended customer payment terms, the company faced stretched accounts payables, making it difficult to pay key suppliers on time. This funding allows them to convert outstanding invoices into immediate cash,…
Read MoreCanadian Business Insolvencies Surge: What Lies Ahead?
In 2024, Canada experienced a significant surge in insolvency filings, with a notable 12.1% increase compared to the previous year. This rise was predominantly driven by business insolvencies, which escalated by 28.6%. Sectors such as construction, transportation and warehousing, and accommodation and food services were among the hardest hit. Factors Contributing to the Rise in…
Read MoreGrowing Strong: $10M Funding Boost for AgTech Innovator
We are thrilled to announce that Sallyport Commercial Finance has successfully provided a $10,000,000 facility to a leading hydroponic and lighting supplies company in the Agricultural industry. The funding, structured across Accounts Receivable, Inventory, and Purchase Order Finance, will empower the company with the working capital necessary to support their rapid growth and the launch…
Read MoreFueling Growth: $500K Funding for GTA Staffing Leader
Sallyport Commercial Finance is thrilled to announce a new $500,000 factoring facility for a fast-growing staffing company in the Greater Toronto Area (GTA). Referred through a trusted partner, this new client underscores Sallyport’s commitment to supporting businesses in achieving their growth ambitions. The client, operating in the staffing industry, has experienced remarkable growth over the…
Read More2025 Outlook: What’s in Store for North American SMEs?
Now 2025 is in full swing, the North American business landscape is poised for significant change, presenting both challenges and opportunities, particularly for small to medium-sized enterprises (SMEs). The global economy continues to adapt to post-pandemic realities, technological advancements, and quickly shifting political dynamics. For SMEs, navigating these complexities will require strategic planning, adaptability, and…
Read MoreDelivering 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…
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