Posts by Jayne Nicholson
Staffing Visionaries Secure $750,000 Growth Capital
$750,000 in accounts receivable finance will facilitate this staffing company in delivering innovative industry solutions and realizing their growth goals. A direct referral from the bank who were unable to accommodate on this occasion; Sallyport spearheaded this deal and ensured it came to fruition through their usual team effort and willingness to explore all options. …
Read MoreMastering Accounts Receivable Management : A Perpetual Cycle
Effective financial management is crucial for the success of any business and a key component of this is proficient accounts receivable management. In this comprehensive guide, we’ll delve into the intricacies of accounts receivable (AR) management, exploring what it entails, how to optimize the process and what the best practices are to enhance your business’s…
Read More$500,000 Clears the Way for Organic Soap Manufacturer
In a significant development this January, an established organic soap manufacturer has secured $500,000 in accounts receivable finance. Boasting a successful track record in crafting and distributing natural soap products across the U.S. and Canada since 1994, the company sought a capital boost to propel its growth. Referred to Sallyport by an industry peer during…
Read MoreFinancial Brokers and Alternative Finance: Fostering Business Growth
The financial landscape has witnessed a paradigm shift with the emergence of multiple alternative finance providers over the past decades. These providers offer several viable alternatives to bank financing for SMEs, many of which are more flexible and can be customized to the business’ exact needs. In this dynamic ecosystem, financial brokers play a crucial…
Read More$2M Finance Catalyzes Manufacturing Business Restructure
In our second deal for 2024, we’re equipping our existing client with $2,000,000 accounts receivable finance which provides the ongoing working capital required to trade successfully. The client was originally referred to Sallyport over 3 years ago by a bank and has now restructured after the business was pulled into a CCAA situation by the…
Read More$500,000 Finance for a StartUp to Accelerate Growth
We’re delighted to announce the first funding for 2024 – $500,000 finance for a startup chemicals importer experiencing a common challenge for newer businesses. With no payment terms from their suppliers and extended payment terms from their customers, the client had a bottleneck in working capital preventing them from fulfilling orders. The business was referred…
Read More$100,000 Facility Bolsters Logistics Company Growth
An existing client of Sallyport for 7 years, this logistics company was experiencing an increased amount of extended payment terms from customers which was causing a cash flow constraint. The $100,000 accounts receivable facility will relieve the cash flow issue and allow our client to focus on the continued growth of his business. This further…
Read MoreHow to Expand a Business : Tips to Help You Grow in 2024
In the dynamic landscape of business ownership, the desire to expand a business is a common strategic goal for entrepreneurs looking to reach new heights, tap into fresh markets and increase profitability. Whether you’re a seasoned business owner or just starting out, expanding your business brings with it both excitement and challenges. If your goal…
Read MoreManufacturer Secures $16 Million Finance for Sustainable Future
$7,000,000 in accounts receivable and $9,000,000 in machinery and equipment finance make up a bespoke package for a recycled plastics manufacturer. Referred from a bank directly to Sallyport’s Alexandra Scoggin, her strong relationship with them brought the deal to fruition. A trusted Sallyport partner and industry peer finances the machinery and equipment element as the…
Read MoreDessert Manufacturer Aims High with $1,500,000 Finance
A $1,500,000 factoring facility will enable this Canadian dessert manufacturer to get their products into more major chains across the U.S. and Canada. Referred to Sallyport by an industry peer, we worked collaboratively alongside an equipment and real estate financer to provide the client with a bespoke package which meets their working capital needs. Dan…
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