Sallyport Commercial Finance Arranges a Credit Facility for a Communications Provider

12/20/19 – Canada – Sallyport Commercial Finance delivers a $1,050,000.00 combined A/R and equipment facility to a company that provides premier printing, mailing and marketing services to a variety of industries.

“It was a pleasure working with this client through the take-on stages, ensuring we fully understood their needs and that our facility would be suitable for their funding requirements.  Putting in place a Non-Notification factoring agreement, along with a small equipment loan to give them the additional working capital required.  The management team is strong and professional, with ambitious growth plans, we are excited to be part of their journey,” states Dan Millar, VP of Sales.

When the business fell out of covenants with their local bank and felt the mounting pressure to maintain sufficient cash flow, the company turned to a financial consultant that found Sallyport to be the right solution.  We’re excited to partner with this growing company and help them facilitate their hopes and dreams.