Skip to content
Newsroom

Sallyport Commercial Finance helps Canadian Industrial Safety Firm

12/2020 – Alberta – Sallyport Commercial Finance delivers a $500,000 Accounts Receivable facility to an industrial safety firm providing essential medical and rescue services to the oil and gas industry.

The business owner was seeking a financing partner that would help him manage the newly awarded contract with his customers and provide assurances to cover payroll.  Working with their financial consultant, Sallyport was successful in structuring a solution that will provide the business fresh working capital needed for continued success and positive growth.

“This deal was a great win as we worked with the incumbent bank to produce a repayment plan that ensured our new cash was left in the business”, states Calum Williamson, Managing Director. “The company has a bi-weekly payroll commitment with customer payments every 45-60 day!  With our credit facility in place, the company can confidently meet these commitments and focus on saving lives.”

Securing the Hopes and Dreams of entrepreneurs, it’s what we Do!   

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

A to Z of Small Business Finance and Credit Terms

Most small business owners go into business to follow a passion or create freedom in their career and lives. It’s…

Read More

Financing a Professional Services Business

We often regard professional services businesses as being easier to manage than a product based business and in a lot…

Read More
  • Videos

The Most Financial Time of the Year

Sallyport commercial finance’s Annual Holiday Music Video!  

View Now

What is Factoring?

Here we explain what exactly factoring is and how we can help your cash flow…

View Now
Scroll To Top