Newsroom
Sallyport Commercial Finance helps an Oil & Gas service company diversify their business
8/19/20 – TEXAS – Sallyport Commercial Finance arranges a $500,000 Accounts Receivable facility to a servicing company in the energy sector that pivoted the business to include green energy with inspection and servicing agreements on wind turbines. As the oil prices dropped and Covid-19 halted the economy, the owners proactively moved into a new market with growing demands.
“Times are challenging, but this company took the opportunity to change their business model. Sallyport was an essential piece to this change that allowed them access to more sustainable financing to fuel their growth. We are excited to have them on board!” states Wade Concienne, VP of Sales
The bank referral trusted Sallyport’s understanding and commitment to small business and was confident they would be a great partner. The business is now in a position for continued growth and expansion worldwide.
Search
News
Manufacturer Secures $16 Million Finance for Sustainable Future
$7,000,000 in accounts receivable and $9,000,000 in machinery and equipment finance make up a bespoke package for a recycled plastics…
Read MoreDessert Manufacturer Aims High with $1,500,000 Finance
A $1,500,000 factoring facility will enable this Canadian dessert manufacturer to get their products into more major chains across the…
Read MoreArticles
New Year, New Risks for Small Business
As the world faces the news of a new strain of the COVID-19 pandemic and a potential fourth ‘wave’ of…
Read MoreHow to Choose an Invoice Factoring Company
You’ve already done your research and invoice factoring seems to be the most suitable option for financing your business. Other…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View NowAG Machining Client Testimonial
AG Machining Client Testimonial
View Now