Sallyport is proud to announce a $500,000 Accounts Receivable financing facility for a forward-thinking staffing company dedicated to connecting job seekers with meaningful employment opportunities across North America.
With extended payment terms from their clients causing cash flow strain, the business needed fast, flexible funding to meet critical payroll obligations. Sallyport’s ability to respond quickly and offer cross-border financing solutions made us the ideal partner.
“We’re excited to support another strong, growth-focused business with the working capital they need to scale,” said Dean Winter, Business Development Executive. “It’s been a pleasure collaborating with their team, and we look forward to building a long-term partnership.”
The company will use the funds to support immediate payroll requirements as they continue pursuing their mission to empower individuals and enable businesses to grow with the right talent.
This deal is another example of Sallyport’s commitment to powering possibilities for entrepreneurial businesses, wherever they are on their growth journey.
Is US Manufacturing the Route to Economic Recovery?
There’s a big sea change underway in US manufacturing, the start of which predates the significant economic and political events…
Financing a Business Restructure and Turnaround
Financing a business restructure is one of many reasons a business may need to supplement their finances. Restructuring is usually…
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day