5/22/19 – Texas – Sallyport extends a $1,800,000 Accounts Receivable facility to a specialty service and land acquisition company that caters to the energy sector.
An entrepreneurial minded business owner decided to separate from his partners to take advantage of untapped business opportunities. Understanding the significance of receivable financing, the owner partnered with Sallyport Commercial Finance to help his business get off the ground.
“We take great pride in our services and the solutions we provide to our clients who need a partner that will help them reach new heights and manage through the daily challenges of running a business”, states Greg Dyson, National Sales Manager. “We’re pleased the client has the confidence in Sallyport to support them as they continue to expand and grow.”
Having emerged from an existing client, the owner felt confident of Sallyport’s working capital solutions to take on this new venture expanding into the energy sector. Sallyport is thrilled working with a business owner that takes satisfaction in his work and is determined to accomplish tasks in an effective and efficient manner. With Sallyport’s financing and AR management, the company is positioned to win more contracts and continue to excel with the highest level of customer service. Together, we achieve business Hopes and Dreams.
Funding Your Next Stage: When to Scale and When to Wait
Growth is exciting – but growing too quickly, or at the wrong time, can put even the healthiest business under…
How Do Businesses Benefit from a Cash Flow Loan?
Businesses experience cash flow challenges for a number of reasons. These problems are not all bad news; a company may…
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…