Newsroom
Sallyport Commercial Finance Structures a Multi-Million Dollar Credit Facility for an Electronics Company.
5/22/20 – California – Sallyport Commercial Finance arranges a $3,000,000 Accounts Receivable facility for a national distributor of gaming and consumer electronics. Due to the COVID-19 pandemic, the business has expanded their products to include personal protective equipment such as masks and gloves.
“Giving our Entrepreneurs the ability to leverage their skills and contacts, helps them be successful and take advantage of new opportunities. This is what Sallyport is all about.” says Nick Hart, President.
The company was referred by one of Sallyport’s present clients that was familiar with our ability to provide a solution to ease their cash flow constraints. With a facility in place, they are now equipped to build a sustainable PPE concentrated business to help during the current virus outbreak and beyond. Sallyport is pleased to partner with a company that is utilizing their resources to support others during these trying times.
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
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 MorePartnerships that Protect Treasury Management
Treasury management is the process of managing an organization’s financial resources in order to optimize cash flow, minimize financial risk…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now