Skip to content
Newsroom

Sallyport Commercial Finance Supports a Business with a Multi-Million Dollar Credit Facility

Texas – Sallyport Commercial Finance arranges a $8,500,000 Accounts Receivable facility to an established construction supply company serving North Texas.

This Entrepreneurial business had enjoyed rapid growth and success for over 20 years when a strategic investment misfired causing a breach of their bank covenants. The new business team at a proposed replacement bank promised they would get the deal done, but after months of underwriting the Credit Department declined the $8.5m facility for the company.  With 450 jobs on the rocks, and just a few weeks until their deadline, the newly installed CFO turned to his network for recommendations.  They suggested Sallyport, an entrepreneurial Lender that could get their arms around the transaction quickly and execute with certainty.

“We were proud to be able to help this business right their ship and set a solid course towards their destination with all hands on board. It is extremely satisfying that our recommendation came from an experienced private equity CFO who is presently a client. Can there be any better recommendation?” states Nick Hart, President of Sallyport Commercial Finance.

Feeling the pressure of day to day operations and the looming deadline to find another lender, the owners turned to a solution-based finance company that could understand their plight and support their growth.  Sallyport is happy to provide the necessary working capital so the company can continue to expand their services and return to traditional banking, ultimately fulfilling their hopes and dreams of selling the business in the future.

 

 

 

Posted in
  • News

$500K Facility Drives Tire Distributor Expansion

July 20, 2026

Growing businesses often need access to flexible working capital to take advantage of opportunities when they arise. For one tire…

Read More

$5M Facility Powers Kitchen Cutlery Brand Growth

July 16, 2026

Sallyport Commercial Finance is delighted to announce the successful funding of a $5,000,000 combined Accounts Receivable and Inventory Finance facility…

Read More
  • Articles

qualify for factoring blog feature image - word yes written in sand

How to Qualify for Invoice Factoring

Steady, predictable cash flow is the main reason businesses use accounts receivable financing but if you’ve never done it before,…

Read More
commercial real estate finance blog feature image

Commercial Real Estate Finance and the Prolonged Pandemic

Commercial real estate comprises very different economic sectors which have so far been very disparately impacted by the pandemic –…

Read More
  • Videos

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
sallyport commercial finance logo

What is an Entrepreneur?

View Now
Scroll To Top