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
Game On: Toy Distributor Lands $900,000 Finance
We are pleased to announce that a leading toy distributor has secured $900,000 in funding. This funding package includes a…
Read MoreCanadian Distribution & Storage Business Boosted By $2M Finance
We are thrilled to announce that Sallyport has successfully funded a $2 million invoice factoring facility for a rapidly growing…
Read MoreArticles
Health and Wellness – What’s Driving the Feel Good Factor?
If there was anything good to come out of the last couple of years, maybe it’s that people are prioritizing…
Read MoreWhat to Do When the Bank Says No : Alternative Business Funding Sources
Obtaining bank financing has always been difficult for certain businesses and the current economic environment is making it even more…
Read MoreVideos
Popkoffs Client Testimonial
Popkoffs Client Testimonial
View NowWhat is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now