Newsroom
Sallyport Commercial Finance Provides a Credit Facility to a Full-Service Marketing and Merchandising Firm.
5/13/19 – Louisiana – Sallyport Commercial Finance helps an existing client expand by offering a $750,000 Accounts Receivable Facility to a newly formed woman-owned business so they can move into new markets.
As a minority owned business, they now have the opportunity to expand and win new contracts opening the door to distribution to markets promoting consumer related products such as kitchen cookware, bed sheets/linens, hats, bags and clothing. This business specializes in on-trend product development, data analytics, creative solutions and global logistics.
“The growth of our current client has been tremendous over the last year. With that success, the decision to create a new business for strategic advantages would help continue that growth. The newly formed woman-owned business would allow them to service a new segment of their market. We are glad to provide the additional credit facility to help their continued success,” says Matthew Tobin, Vice President of Business Development.
Sallyport is pleased to partner with our clients in new and exciting ventures that help promote opportunities they may not have been able to achieve without a sound financial partner. Fueling the Hopes and Dreams of Our Entrepreneurs is our goal and passion.
Search
News
Growing Strong: $10M Funding Boost for AgTech Innovator
We are thrilled to announce that Sallyport Commercial Finance has successfully provided a $10,000,000 facility to a leading hydroponic and…
Read MoreFueling Growth: $500K Funding for GTA Staffing Leader
Sallyport Commercial Finance is thrilled to announce a new $500,000 factoring facility for a fast-growing staffing company in the Greater…
Read MoreArticles
Understanding Accounts Receivable Turnover Ratio for Business
Accounts receivable turnover ratio, also known as debtor turnover ratio, is an accounting measure used to calculate how efficient a…
Read MoreApparel Purchase Order Financing – Perfectly Coordinated Funding
The apparel industry has many nuances, cash flow constraints being one of the most significant and challenging. Long delays between…
Read MoreVideos
The Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View NowWhat is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now