Sallyport 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 support the continued growth of a premium, small-batch ice cream manufacturer with roots dating back to 1949.

Following a challenging period that included recovering from a devastating fire, the business is now
entering an exciting new chapter. With a national account rollout underway and partnerships forming
with major debtors, the company required a flexible working capital solution to match its ambitious
growth trajectory.

Introduced through a trusted relationship between a former client’s CFO and Sallyport President Nick
Hart, the opportunity was built on a strong foundation of confidence and proven delivery. Sallyport
worked collaboratively with the client’s existing bank, who remains in place on the commercial real
estate side and the SBA, who agreed to subordinate their EIDL loan, ensuring a seamless transition and
capital structure.

The new facility was used to repay the existing bank debt while also providing the liquidity needed to
support ongoing operations, increased production, and national expansion initiatives.

With renewed momentum, the company’s leadership is focused on scaling the brand across the country,
positioning it for long-term success and a potential future exit.

“Sallyport is excited to support the national roll-out of this well-known and established
West Coast manufacturer of ice cream. Our working capital and inventory facility will give
them the working capital needed to execute their growth plans.”
— Nick Hart, President, Sallyport Commercial Finance

This transaction highlights Sallyport’s ability to deliver tailored funding solutions, even in complex
situations, while working alongside existing lenders to help businesses unlock their full potential.