8/25/20 – California – Sallyport Commercial Finance provides critical financing to an established business providing sportswear accessories to consumers and major retailers in the US, Canada, and Australia. The credit facility will enable the business to continue to service their existing customers and help grow market share.
“This is a well-known brand in the extreme sport industry and I’m excited to be part of their expansion. Due to COVID and the declining retail sector, the company had to adapt, seeking a working capital solution to help them rebuild and refocus how they go to market. Partnering with a trusted inventory lender, Sallyport was able to structure a flexible line of credit in spite of the current environment.” states Wade Concienne, VP of Sales
Sallyport is committed to working with entrepreneurs during these tumultuous times, ensuring they have a financing partner at their side. Helping our entrepreneurs achieve their Hopes and Dreams is what we do!
Canada’s Weak Loonie: Implications for the Economy and SMEs
As of late 2024, the Canadian dollar, affectionately known as the “loonie,” has hit a low not seen in over…
Read More
Equipment Financing for Startups- The Lowdown
Equipment financing refers to finance that is used to loan or lease a tangible business asset other than real estate.…
Read More
What is Factoring?
Here we explain what exactly factoring is and how we can help your cash flow…
View Now