$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.”
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