Newsroom
Staffing Visionaries Secure $750,000 Growth Capital
$750,000 in accounts receivable finance will facilitate this staffing company in delivering innovative industry solutions and realizing their growth goals.
A direct referral from the bank who were unable to accommodate on this occasion; Sallyport spearheaded this deal and ensured it came to fruition through their usual team effort and willingness to explore all options.
The funding will provide general working capital to support the business’ growth and allow them to consider other strategic acquisitions in a market undergoing rapid digitization.
Alexandra Scoggin, Senior Vice President for Sallyport is encouraged to be able to help a company who couldn’t access bank finance whilst also relieving a referral partner of business that is no longer feasible for them…
“My close working relationship with the bank’s Special Assets Group allowed us to lead the deal and ensure we could get to a close. I’m excited to support their growth locally and internationally and watch them transform the tech staffing industry, along with helping finance other target acquisitions.”
Search
News
$500K Boost: Sallyport Helps Meat Processor Thrive
At Sallyport, we believe in fueling the ambitions of business owners with the financial support they need to thrive. We’re…
Read More$1,750,000 to Keep Oilfield Businesses Flowing
At Sallyport, we’re committed to helping businesses overcome cash flow challenges and achieve their long-term goals. We’re excited to announce…
Read MoreArticles
How to Establish Business Credit for the First Time
Access to business credit can be a lifeline when businesses most need it, providing cash flow for payroll, purchase of…
Read MoreCould Trade Credit Insurance Save Your Business?
Trade credit insurance or accounts receivable insurance is a type of corporate insurance policy within the Property and Casualty business…
Read MoreVideos
American Business Women’s Day
Sallyport Commercial Finance Celebrates American Business Women’s Day
View Now