Skip to content
Newsroom

Sallyport Commercial Finance Arranges a Credit Facility to a NewCo Serving the Energy Sector.

Sallyport Commercial Finance Arranges a Credit Facility to a NEWCO Serving the Energy Sector.

10/31/18 – Texas – Sallyport Commercial Finance offers a $2,000,000 Accounts Receivable facility to a new start oil and gas service company specializing in downhole work, tank cleaning and line finding.

The owner is a seasoned and serial entrepreneur with more than 30 years of experience in the services industry.   This spirited entrepreneur was watching a service company work on one of his salt water tanks and realized he could develop a more efficient process, leading to his next business endeavor.

Nowhere is entrepreneurship more evident than in the Oil and Gas sector.  When the company approached Sallyport with a new product and service, it was imperative to understand what drives their success and to understand their needs” stated Nick Hart, President.  “We sat down with the client, listened to their ideas, and suggested several options that would help them avoid the pitfalls, jump the roadblocks and accelerate their business in the direction they desire.”

Sallyport is a true believer in entrepreneurs and is proud to work with a business that carried a history of helping others within their same line of work.  Sallyport is happy to provide the needed working capital to this newly formed business in order for them to realize their Hopes and Dreams.

Posted in
  • News

Sallyport propels Wholesale Business with $1.5MM in Funds

June 28, 2021

Sallyport are delighted to have been able to support a longstanding contact with $1,500,000 in accounts receivable finance to propel…

Read More

$5MM Finance for a Construction Business

June 18, 2021

Sallyport have just finalized an agreement to provide $5.0 million in finance for a construction business. The client had limited…

Read More
  • Articles

Adapting Business for the New Normal

Small businesses have an instinctive ability to be able to adapt to changing economic and market conditions and at no…

Read More
group of protestors against climate change

What are the Biggest Risks to Business in 2021 and Beyond

If this was asked at this point last year, the response would be in major contrast as to the biggest…

Read More
  • Videos

Supporting Businesses in 2020

View Now

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
Scroll To Top