Newsroom
Sallyport Propels Wholesale Business with $1.5MM in Funds
Sallyport are delighted to have been able to support a longstanding contact with $1,500,000 in accounts receivable finance to propel their wholesale business to the next level.
The client needed funds to pay an overseas supplier for a large order, in full, prior to goods being shipped. Through our past relationship, the client knew that Sallyport were well placed to help with their extensive knowledge and experience of export finance within the apparel industry. This boost will enable them to grow their organization as they can now accept new business with the assurance that they will be able to pay suppliers for materials and fulfill their customer orders.
“The business needed a trusted funding partner that understood the complexity of trade finance and could help them confidently take on additional business. After a difficult year due to the pandemic, the business is now poised to have significant growth with the support they’ve received from Sallyport. This was a great example of a client who was ready to move forward and could count on Sallyport to help propel their growth.”
Greg Dyson, National Sales Manager, Sallyport Commercial Finance.
Search
News
$1M Funding Fuels Agri-Business Growth Across Borders
Sallyport is pleased to announce a new partnership with a Canadian agriculture business, providing a $1,000,000 Accounts Receivable facility to…
Read MoreFueling EdTech Growth with $5.5M in Tailored Financing
Sallyport is excited to support a forward-thinking education technology company with a $5.5M combined Asset-Based Lending facility, including Accounts Receivable…
Read MoreArticles
Business Debt Consolidation – Everything You Need to Know
Business debt consolidation does exactly what you might expect; consolidate a number of varying business debts into a new agreement. …
Read MoreWhat to Do When the Bank Says No : Alternative Business Funding Sources
Obtaining bank financing has always been difficult for certain businesses and the current economic environment is making it even more…
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