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
Pharma Power: $10M Funding Boost Magnifies Growth
In a significant move to support business growth, Sallyport is delighted to announce a groundbreaking $10 million in Accounts Receivable…
Read MoreDelivering the Vision: $2M Finance for Optical Technology
We’re delighted to announce $2M in finance for a leading developer of cutting-edge optical equipment and corneal topography technology. This…
Read MoreArticles
Recycling Industry : From Niche to Mainstream
Awareness around environmental impact and prevention of climate change has really gathered pace over the past 40 years, shaping the…
Read MoreThe Up and Up of North American Smart Manufacturing
Since the turn of the century, manufacturing has evolved greatly. As new, advanced technologies drive the industry forward, manufacturing is…
Read MoreVideos
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View NowWhat is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now