Skip to content
Newsroom

Sallyport Commercial Finance Arranges a Multi-Million Dollar Credit Facility to a Privately-Owned Transportation Company

6/4/2019 – Oklahoma – Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable facility to a business that operates in the Oil and Gas sector hauling waste water from oil wells and then disposing the waste water in their disposal sites.

As part of an acquisition solution, Sallyport and a partnering equipment lender, supplied the needed capital required to close the transaction and provide ongoing working capital.  The new ownership team will continue to service the existing clients and have the ability to expand and grow with Sallyport’s support.

“Sometimes an unusual set of circumstances come together to create an opportunity.  The Team assembled for this acquisition helped us get over a couple of deal points that would usually be deal breakers for any lender.  Sallyport was very happy to take the long view and back the acquisition Team,” says Nick Hart, President.

Sallyport is pleased to provide the creative finance solutions required so the new owners can easily acquire the business, expand their services, and modernize their internal controls.  Working through a convoluted set of circumstances, we’re confident the business is now positioned to meet their aggressive growth projections and secure their Hopes and Dreams.

Posted in
  • News

$500,000 Clears the Way for Organic Soap Manufacturer

January 26, 2024

In a significant development this January, an established organic soap manufacturer has secured $500,000 in accounts receivable finance. Boasting a…

Read More

$2M Finance Catalyzes Manufacturing Business Restructure

January 12, 2024

In our second deal for 2024, we’re equipping our existing client with $2,000,000 accounts receivable finance which provides the ongoing…

Read More
  • Articles

5 Growth Stages of Business and How to Finance Them

It doesn’t matter whether you’re in manufacturing or staffing, have one or fifty employees; the growth stages of business look…

Read More
commercial real estate finance blog feature image

Commercial Real Estate Finance and the Prolonged Pandemic

Commercial real estate comprises very different economic sectors which have so far been very disparately impacted by the pandemic –…

Read More
  • Videos

The Most Financial Time of the Year

Sallyport commercial finance’s Annual Holiday Music Video!  

View Now

AG Machining Client Testimonial

AG Machining Client Testimonial   

View Now
Scroll To Top