Posts by Jayne Nicholson
Partnerships that Protect Treasury Management
Treasury management is the process of managing an organization’s financial resources in order to optimize cash flow, minimize financial risk and maximize investment returns. In the case of banks, treasury management involves managing their cash and liquidity position to ensure that it has sufficient funds to meet its financial obligations, such as paying depositors and…
Read MoreStaffing StartUp Shaking Up Market with $500,000 Finance
$500,000 in accounts receivable finance is supporting an innovative staffing startup in achieving their growth ambitions. The client was introduced to Sallyport directly by a broker pre-pandemic and we’ve nurtured a relationship with them since then. Experiencing the age-old challenge for staffing businesses; payroll to be made weekly but debtors only paying in 30 –…
Read MoreDisclosure Laws Incoming – Commercial Lenders Prepare to Comply
Many U.S. states have either already introduced commercial lending disclosure laws or are in the process of passing new legislation. These new laws are requiring commercial lenders to make consumer-type disclosures to borrowers in commercial lending transactions; unless they are exempt through their status as a provider or the loan type being offered. The primary…
Read MoreRenewable Energy Services Taking Off with $1,000,000 Finance
We are delighted to announce $1,000,000 in accounts receivable finance for a business providing services to the renewable energy industry. The client has been operating a successful business in the UK and recently opened a US Company to serve a larger market. Their challenge was covering payroll as they needed to hire additional technicians in…
Read MoreClient Referral Program – Refer and Earn up to $2,500
$500,000 Gets New Oil and Gas Company Off the Mark
We’re delighted to announce the late March funding of a new business in the Oil and Gas Services industry. $500,000 accounts receivable finance will give them the working capital required to support their rapid projected growth. Referred to Sallyport by a banker, the company being new and only just beginning to bill their clients, couldn’t…
Read More$1,500,000 Finance for Food Manufacturer on Growth Spurt
Sallyport is pleased to announce accounts receivable finance of $1,500,000 for a frozen food manufacturer to round off our March business. The price of dairy products such as eggs has increased massively since 2020 and the finance will enable the client to prepay suppliers for these ingredients, locking in better pricing for more predictable profit.…
Read MoreFurniture Manufacturer Forges Ahead with $1,750,000 Finance
After two years’ of extremely challenging conditions for this business due to the pandemic, we’re delighted to announce $1,750,000 in finance for an office furniture manufacturer. Manufacturing high quality office furniture from their factory in LA, the client was referred to us via a contact in the banking industry. The finance comprises $1,500,000 accounts receivable…
Read MoreExisting Oil & Gas Client Gets $2,000,000 to Further Acquisition
An existing Sallyport client in the Oil and Gas Services space has just been equipped with $2,000,000 accounts receivable finance to fund their most recent acquisition in the sector. Initially referred to Sallyport by a contact in the investment banking industry, the client is moving forward with their expansion plans, acquiring complementary businesses in the…
Read MoreApparel Business Advances with $300,000 in Finance
Sallyport are pleased to welcome on board an apparel startup with $300,000 in accounts receivable finance. The company was a previous client for Sallyport SVP Alexandra Scoggin and required a lender who would support the growth of their brand in the eco-friendly apparel space. SVP for Sallyport, Alexandra was thrilled to be the first and…
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