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
$500K Injection Fuels Oil & Gas Start-Up Growth
Sallyport Commercial Finance is pleased to announce the successful delivery of a $500,000 Accounts Receivable Finance facility to a growing…
Read MoreSallyport Scoops $4MM Deal for Iconic Ice Cream Brand
Sallyport Commercial Finance is proud to announce a $4,000,000 Accounts Receivable and Inventory facility (including a $1,000,000 inventory tranche) to…
Read MoreArticles
Budget 2025: What Canadian Businesses Should Know
Canada’s Budget 2025 (tabled November 4) is bold, big and directional – a deliberate pivot toward large-scale investment in infrastructure,…
Read MoreHow to Expand a Business : Tips to Help You Grow in 2024
In the dynamic landscape of business ownership, the desire to expand a business is a common strategic goal for entrepreneurs…
Read MoreVideos
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View NowAmerican Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View Now