Texas – [9/30/19] – Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable Facility to a company that specializes in engineering design and inspections.
With increased demand for inspection services, the company needed additional working capital to fuel growth and maintain their excellent reputation in the industry. Sallyport offered the resources and flexibility the company needed to meet the demands of their growing business.
“This client was referred by a bank who realized the company’s growth potential but was unable to provide a large enough line to support their projections. As an alternative lender, we were able to provide a line of credit to support the company’s rapid growth and help them achieve their hopes and dreams. I’m excited to add this business to our expanding portfolio,” states Wade Concienne, Vice President of Business Development.
Sallyport is happy to provide the necessary working capital so this company can take on new projects and follow their dream of becoming an all-encompassing solution to their increasing client base.
How to Establish Business Credit for the First Time
Access to business credit can be a lifeline when businesses most need it, providing cash flow for payroll, purchase of…
Merchant Cash Advance (MCA) – Bad for Business?
Both new and established businesses can suffer from cash flow problems occasionally and need to access funding to help them…
Popkoffs Client Testimonial
Popkoffs Client Testimonial