Sallyport Supply $500k Accounts Receivable Facility for a Growing US Food Distributor

Sallyport agree a $500k accounts receivable facility for a growing US East Coast food distributor.

“Importing produce into the U.S. is a tough business. Having a lender understand and support your growing business is imperative. Sallyport structured a solution that benefited the business by unlocking the critical working capital needed to navigate these tough times.” states Alexandra Scoggin, Vice President.

Sallyport Commercial Finance 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. Sallyport Commercial Finance offers a full suite of factoring and asset based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.