Sallyport Funds Oil & Gas Business’ Third Acquisition

Our existing client moves full steam ahead with their growth plans as Sallyport funds their third business acquisition. $2,000,000 in accounts receivable finance will allow them to refinance an existing bank line which proved too small for their expansion plans. 

This is the companies’ third factoring arrangement with Sallyport, due in no small part to the customer service they’ve experienced from our operations team and support staff. The company plans to continue growing through complementary acquisitions with the mission to be able to provide a full-service offering for its clients. 

Alexandra Scoggin, Senior VP for Sallyport works hand-in-hand with the client to support their rapid growth strategy…

“Over the past 18 months we have developed a strong working relationship with this group and we’re very proud of the relationships forged. We look forward to supporting future acquisitions and witnessing the growth of their existing portfolio.”