9/4/2020 Pacific Northwest – Sallyport Commercial Finance helps a passionate entrepreneur and hobby enthusiast in the trading card business find a solution to meet the growing demand and fill upcoming orders. The credit facility will enable the business to continue to service their existing customers and help grow market share.
“The business owner had two large purchase orders and was worried about having sufficient capital to fill both of them on an ongoing basis. The incumbent bank had given the company a line of credit, term loan and an additional SBA loan but it was still not enough. Sallyport was able to pay off two of the loans, gain a subordination on the SBA loan and grant sufficient dollars to allow the company to fulfill its orders!” stated James Bartel, Vice President
A local banker understood the potential growth of the business and knew Sallyport would structure the right solution to ensure the business would meet their obligations and find success to grow the business. Sallyport is pleased to help this entrepreneur achieve their Hopes and Dreams.
How to Extend Credit to Customers the Right Way
In the current climate it’s highly likely you’ve already been asked to extend credit terms to your customers. Small businesses…
Read More
Canadian Labour Market Defies Expectations – What Next for Businesses?
Statistics Canada recently published their monthly labour force survey which showed unemployment held steady at 5% in January. That figure…
Read More
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View Now