Newsroom
Sallyport Commercial Finance Offers Flexibility to a Growing Business in Canada.
Sallyport Commercial Finance provides a $600,000 Accounts Receivable facility to a company that specializes in non-destructive testing services.
The family-owned and operated business was referred to Sallyport by a broker who has introduced business in the past. With a turnaround solution in place, the company hopes to generate more revenue and stabilize their working capital.
“The client was looking for a more flexible financing solution. Not only did we repay the bank but we were able to inject some extra working capital to aid in the company’s growth plan. We’re seeing more and more opportunities In Alberta as banks and credit unions seem to be lowering their exposure in certain sectors,” says Dan Millar, VP of Sales.
Sallyport is excited to provide a creative, personalized solution so that the business can pay off their current bank line and expand to other industries to continue their growth. Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams.
Search
News
$500K Boost: Sallyport Helps Meat Processor Thrive
At Sallyport, we believe in fueling the ambitions of business owners with the financial support they need to thrive. We’re…
Read More$1,750,000 to Keep Oilfield Businesses Flowing
At Sallyport, we’re committed to helping businesses overcome cash flow challenges and achieve their long-term goals. We’re excited to announce…
Read MoreArticles
Invoice Factoring Vs Invoice Financing: What’s the Difference?
There’s a lot of confusion among small business owners who are new to accounts receivable finance about the differences between…
Read MoreIs US Manufacturing the Route to Economic Recovery?
There’s a big sea change underway in US manufacturing, the start of which predates the significant economic and political events…
Read MoreVideos
AG Machining Client Testimonial
AG Machining Client Testimonial
View Now