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Multi-Million Dollar AR Facility to a Manufacturer in the Outdoor Industry.
Sallyport Commercial Finance Recently Provided a Multi-Million Dollar AR Facility to a Manufacturer in the Outdoor Industry.
Carlsbad, CA – July 12th, 2017 – Sallyport Commercial Finance recently provided a 3 million-dollar Accounts Receivable Facility to the oldest and most recognized North American warmer brand in the outdoor industry.
Established in 1980, this company designs, manufactures, packages, merchandises and delivers air activated body warmers to customers across the globe. Their top notch warming technology, accessories cater to a variety of outdoor enthusiasts including, hikers, skiers and hunters.
Sallyport Commercial Finance’s strategic partnership with a renowned Inventory lender secured the deal, to provide a complete package of working capital to the business. This will enable the business to build inventory ahead of their busy winter season and have the confidence that they will have the working capital required to meet the seasonal demand.
Sallyport Commercial Finance, LLC is an independently owned and operated, specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams. The senior management team have over 50 years of collective experience in helping entrepreneurs grow their businesses, both in the US and Europe, by turning their invoices and assets into cash. Sallyport Commercial Finance offers a full suite of factoring and asset-based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.
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