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Sallyport Commercial Finance Supports Turnaround for a Printing and Packaging Firm
California – [9/30/19] – Sallyport Commercial Finance provides a $1,500,000 Accounts Receivable facility to a company that focuses on high quality print for advertising and packing.
“This business has grown immensely over the past few years but upon hitting a bump in the road, needed a solution that could not be provided by their existing lender. When the chips were down, and the owner needed a lender to step up and save his business from bank foreclosure, he turned to Sallyport,” says Nick Hart, President. “With a strain on cash flow and the loss of one of their largest customers, the company struggled with keeping the business operational. With our facility in place, the business will be able to pay down the bank and bring the business back on its feet.”
With Sallyport’s finance solution, the company can stay devoted to their customers as they continue to rebuild and make their way back to traditional banking. Sallyport Commercial Finance, LLC is an independently owned and operated, specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams
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