Posts by Jayne Nicholson
Warehousing and Logistics on the Bank Naughty List
In today’s lending landscape, industries are being scrutinized more than ever and some are being painted with a broader brush than they deserve. We’ve seen an increasing trend where Warehousing, Distribution, and Logistics companies are being lumped in with Transportation, prompting traditional banks to pull back or exit these relationships altogether. While these sectors may…
Read MorePort Slowdown Signals Trouble for U.S. Businesses
Recent data from the Port of Los Angeles shows a dramatic 30% drop in shipments in early May, following the announcement of potential new tariffs on Chinese goods. While headlines often focus on the geopolitics of global trade, it’s important to zoom in on what this shift means for everyday U.S. businesses – especially small…
Read More$1M Funding Fuels Agri-Business Growth Across Borders
Sallyport is pleased to announce a new partnership with a Canadian agriculture business, providing a $1,000,000 Accounts Receivable facility to support seasonal cash flow needs and fuel strategic growth. Referred by a trusted partner in the alternative finance space, the client turned to Sallyport for a cross-border funding solution when their original provider couldn’t support…
Read MoreFueling EdTech Growth with $5.5M in Tailored Financing
Sallyport is excited to support a forward-thinking education technology company with a $5.5M combined Asset-Based Lending facility, including Accounts Receivable and Inventory Financing, as they scale their operations and make learning more accessible for students across North America. Referred by a trusted partner in the U.S. alternative finance industry, the client needed a flexible working…
Read MoreHelping Talent Thrive with $500K in Fast Funding
Sallyport is proud to announce a $500,000 Accounts Receivable financing facility for a forward-thinking staffing company dedicated to connecting job seekers with meaningful employment opportunities across North America. With extended payment terms from their clients causing cash flow strain, the business needed fast, flexible funding to meet critical payroll obligations. Sallyport’s ability to respond quickly…
Read MoreQuick Capital for Payroll: $250K to Staffing Firm
Sallyport is proud to partner with a growing IT and Technical Staffing business, providing a $250,000 accounts receivable financing facility to help meet the rising payroll demands of their temporary workforce. The client, introduced to us by our valued partners at Northrim Funding Services, is forecasting strong near-term growth and is targeting $1M+ in revenue…
Read More$500K Boost: Sallyport Helps Meat Processor Thrive
At Sallyport, we believe in fueling the ambitions of business owners with the financial support they need to thrive. We’re excited to announce that we’ve provided $500,000 in Accounts Receivable Financing to a growing meat processing company, empowering them with the working capital required to navigate challenges and continue expanding their operations. When the company’s…
Read More$1,750,000 to Keep Oilfield Businesses Flowing
At Sallyport, we’re committed to helping businesses overcome cash flow challenges and achieve their long-term goals. We’re excited to announce that we’ve provided $1,750,000 in Accounts Receivable Financing to an oilfield equipment and repair company, giving them the working capital they need to continue expanding. With most of their customers operating on 60-90 day payment…
Read MoreBrushing Up Business: $500K Boost for Painting Contractor
Sallyport Commercial Finance is delighted to announce the provision of a $500,000 combined line of Accounts Receivable financing to a distinguished painting and drywall contractor. This strategic funding solution empowers our client to confidently undertake larger commercial projects by ensuring seamless cash flow, which covers essential expenses such as payroll and supplier payments. The client,…
Read MoreGrowing Green with $6,000,000 Growth Finance
At Sallyport Commercial Finance, we’re committed to empowering businesses with the financial solutions they need to thrive. We’re pleased to announce a $6,000,000 Non-Notification Factoring facility to support a leading agriculture company in their strategic restructuring and growth journey. A privately owned entity, our client recently underwent a comprehensive restructuring of their assets. As part…
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