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 Facility Drives Tire Distributor Expansion
Growing businesses often need access to flexible working capital to take advantage of opportunities when they arise. For one tire…
Read More$5M Facility Powers Kitchen Cutlery Brand Growth
Sallyport Commercial Finance is delighted to announce the successful funding of a $5,000,000 combined Accounts Receivable and Inventory Finance facility…
Read MoreArticles
Treasury Announce $1 Billion Small Business Support for 11 More States
U.S. Department of the Treasury recently announced an additional $1 billion in small business support in a further 11 states…
Read MoreOil Field Services Providers Under Pressure
The oil field services sector encompasses a wide-ranging variety of businesses that provide the products and services necessary in the…
Read MoreVideos
AG Machining Client Testimonial
AG Machining Client Testimonial
View Now