Newsroom
Sallyport Commercial Finance Supports a Manufacturer in the Food and Beverage Industry
Toronto, Canada – 8/29/19 – Sallyport Commercial Finance supplies a $250,000 Accounts Receivable facility to a producer of Mexican food favorites.
The company aims to provide Canadians with true, authentic Mexican fare. The business prides themselves in offering quality, hand-crafted products in the form of corn tortillas and cantina style tortilla chips. The owner took his Grandmother’s recipe from Mexico and developed goods that deviated from other commercial products. Not only do these products offer a pure and simple flavor, they also adhere to today’s dietary trends by being both vegan and gluten-free.
“This start-up food manufacturer began receiving purchase orders from large Canadian retailers. When their current bank was unable to help, Sallyport was able to offer a working capital solution to help with their projected rapid growth,” says Dan Millar, Vice President of Business Development.
With Sallyport’s assistance, the company intends to expand their product line and progress into other major Canadian retailers. Sallyport Commercial Finance is excited to collaborate with this company as they continue to fulfill their Hopes and Dreams and provide their customers with the “perfect tortilla.”
Search
News
Delivering the Vision with $2,000,000 Funding Solution
Sallyport Commercial Finance is delighted to announce a $2M funding solution for a cutting-edge manufacturing and technology company utilizing AI…
Read More$750,000 at the Disposal of New Canadian Client
Sallyport Commercial Finance is proud to announce a $750,000 Full Notification Factoring facility for a growing client in the disposal…
Read MoreArticles
Off-Balance-Sheet Financing : Purpose, Place and Planning in Business
Off-balance-sheet financing (OBSF) is an alternative method of business financing that may be used in specific situations where traditional bank…
Read MoreCanadian Labour Market Stalls: A Concern for Businesses?
In June 2024, the Canadian labour market witnessed a surprising development with the loss of 1,400 jobs, marking a rare…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now