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.
Mastering Accounts Receivable Management : A Perpetual Cycle
Effective financial management is crucial for the success of any business and a key component of this is proficient accounts…
Read More
Understanding Business Acquisition Financing
At the simplest level, business acquisition financing is the capital that needs to be obtained for a company to purchase…
Read More
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now
The Most Financial Time of the Year
Sallyport commercial finance’s Annual Holiday Music Video!
View Now