10/17/19 – Houston, Texas – Sallyport Commercial Finance offers a $500,000 Accounts Receivable facility to a company that specializes in servicing, maintaining and repairing generators.
Having prior experience in the generator industry has allowed this newly-formed company to accumulate clients at a pace that required assistance to support their growth. With the help of Sallyport, the business is now positioned to expand and seize new business opportunities.
“When this client approached us, they were only about two months old and already proving their mark in the industry. However, their customers put them on net 60 payment terms which strained their cash flow. We were able to partner with this business and help provide them with the capital they needed to grow. This is a great company with a great management team, and I am excited to watch them grow,” says Wade Concienne, VP of Business Development.
Helping business owners manage their cash flow is What We Do, and we’re thrilled to partner with a company that brings so much value to an industry that is dependent on reliable power generation. 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.
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