Sallyport Commercial Finance Provides New Credit Facility for an Established Engineering Firm in the Northwest.

1/8/16 – Washington – Sallyport Commercial Finance customizes a $1,950,000 Accounts Receivable facility to a business that provides a variety of engineering and laboratory solutions to customers ranging in size from small start-ups to Fortune 500 companies.  With over 25 years of experience, this company’s expertise allows them to deal with products from different markets including aviation and consumer electronics.

“Having had a prior understanding of the client’s business, Sallyport’s team was able to implement a solution that would provide cash flow while strengthening their business.  The previous lender wanted to cease their relationship with the client and Sallyport was able to step in and provide a way out so the company could maintain normal business operations and look forward to a prosperous 2019,” says James Bartel, VP of Business Development.

Sallyport is thrilled to offer a credible capital solution to pay off the current lender and provide the assurance of a finance partner who understands the business and will help fuel future expansion.   Sallyport is passionate to understand the business owner’s Hopes and Dreams and to provide the resources and counsel many entrepreneurs seek.