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
$1MM CPG AR Facility Fuels Retail Growth
Sallyport Commercial Finance is pleased to announce a new $1,000,000 Accounts Receivable financing facility for a rapidly growing Consumer Packaged…
Read More$4.9M Inventory Finance for Sustainable Growth
Sallyport Commercial Finance is pleased to announce a $4.9 million Inventory Finance facility for a company specializing in acquiring and…
Read MoreArticles
Interest Rates and Business – Weathering the Storm
After almost a year of debate on ‘will-it-or-won’t it’ be transitory inflation, it’s clear that price increases are now far…
Read MoreHow to Navigate Today’s Lending Crunch with Confidence
It’s no secret that access to capital is the lifeblood of any business, but what happens when the financial ecosystem…
Read MoreVideos
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View NowPopkoffs Client Testimonial
Popkoffs Client Testimonial
View Now