Newsroom
Brushing 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, referred to us by a Canadian brokerage, sought additional capital to expand their capacity and serve more commercial accounts. Our responsiveness, flexibility, and deep understanding of their growth challenges positioned us as the ideal financial partner.
Reflecting on this collaboration, Patrick Zazueta, Sallyport VP stated,
“Our capital will allow the business to grow exponentially by leveraging their accounts receivable and supplementing their internal cash flow.”
At Sallyport, we are committed to fueling the growth aspirations of businesses by providing tailored financial solutions that transform challenges into opportunities. We’re excited to see this ambitious Canadian business reach their potential!
Search
News
$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…
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…
Read MoreArticles
How do Business Owners Lead Through a Recession?
Managing and leading a business is difficult at the best of times, but with talks of recession looming and businesses…
Read MoreHow Can Staffing Agencies Manage Labor Shortage?
It is becoming increasingly difficult for staffing agencies to meet the demands of clients by finding top talent. Many companies…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now