Newsroom
Delivering the Vision with $2,000,000 Funding Solution
Sallyport Commercial Finance is delighted to announce a $2M funding solution for a cutting-edge manufacturing and technology company utilizing AI to provide a frictionless sales environment. The funding package includes $2M in combined Accounts Receivable Finance and Purchase Order Finance.
Referred to us by a trusted business consultant and after years of successful R&D the client required an alternative solution to their working capital needs. Sallyport’s flexible solution provides the necessary funds to enable the business the breathing room to fund purchase orders from major debtors and gives them the working capital needed to accelerate growth.
The company’s long-term vision is to build critical mass, scale their operations through key relationships and ultimately, achieve a global rollout. By partnering with Sallyport, the CEO and CFO can now focus on securing equity investments to fuel their continued growth and innovation.
The recommendation to work with Sallyport came from the referring consultant’s long-standing relationships with our U.S. President, Nick Hart and prior dealings with Sallyport Commercial FInance. The consultant knew Sallyport’s speed, flexibility and proven expertise would provide the perfect solution.
Nick Hart, President of Sallyport Commercial Finance was energized by the difference this business could enact in the industry…
“Our financing of this vision-based solutions company means funding possibilities, not just products—it’s about empowering ideas that shape the future and solve today’s challenges in extraordinary ways.”
We’re excited to support this visionary client as they continue to innovate and scale their business in the retail technology sector.
Search
News
Apparel Company Gains $200K to Fuel Canadian Retail Growth
Sallyport Commercial Finance is pleased to announce a $200,000 Accounts Receivable (AR) factoring facility for a growing lifestyle sportswear and…
Read More about Apparel Company Gains $200K to Fuel Canadian Retail Growth$500K Funding Fuels Healthcare Staffing Growth
Sallyport Commercial Finance is pleased to announce a $500,000 Accounts Receivable Factoring facility for a growing healthcare staffing company. Referred…
Read More about $500K Funding Fuels Healthcare Staffing GrowthArticles
Disclosure 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.…
Read More about Disclosure Laws Incoming – Commercial Lenders Prepare to ComplyCanada Makes First Move on Interest Rate: What Now for SMEs?
The Canadian interest rate cut on June 5th, 2024, marks a significant policy shift with broad implications for the economy,…
Read More about Canada Makes First Move on Interest Rate: What Now for SMEs?Videos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now about What is Factoring?AG Machining Client Testimonial
AG Machining Client Testimonial
View Now about AG Machining Client Testimonial