Sallyport is pleased to announce a mid-May funding of $4,000,000 in growth capital for a company providing products and services to the oil and gas industry.
This client was known to Sallyport through an existing customer and as the relationship grew, Sallyport were approached to provide the funding they needed. A combination of primarily accounts receivable finance and an inventory bridging facility means that the company can fulfill several large new orders as they near the end of a period of turnaround.
James Bartel, Senior VP, knew Sallyport was best-placed to support this client in their growth…
“Sallyport is well equipped to finance growing companies and is also willing to help firms in the oil and gas sector – that’s what makes us unique!“
The client was extremely pleased with Sallyport’s relationship-based approach and commitment to their business and is looking forward to growing the business with the knowledge they have an experienced financial partner on their side.
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