12/13/18 – Seattle, WA – Sallyport Commercial Finance supplies a $3,500,000 Accounts Receivable facility to a digital media company in the Pacific Northwest comprised of multiple subsidiaries
This company provides proprietary technology and premium content in order to produce advertising for their clients and also allows them to operate under a shared digital publishing, advertising and distribution platform, unified under one media brand. The acquiring company recognized the benefits of working with Sallyport and requested a quick solution that would bring all the entities into a single facility. Pulling all the pieces together gave the client the confidence and assurance that the business cash flow would not be compromised and the business can continue its expansion.
“When we first connected with our client, they informed Sallyport of their plans for a roll up of three companies. The Sallyport team, in concert with our client, implemented a complex solution that required knowledge, expertise, and a lot of patience,” says Matthew Tobin, VP of Business Development.
Sallyport is excited for this opportunity to assist another client with their working capital and expansion opportunities. Fueling growth and fostering the hopes and dreams of our clients is what we do.
Why Do Companies Outsource? Hiring from Outside
Companies who outsource in 2023 are doing it for the very same reasons as companies that were considered early-adopters in…
Read More
Debtor in Possession Financing – A Complete Guide
If your business is experiencing severe financial challenges and considering filing for bankruptcy, all may not be lost as there…
Read More