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Asset-based Lending – Fact or Fiction

Asset-based lending has been around for a long time and is a very popular way to improve working capital for businesses that aren’t able to access traditional financing or need a cash injection quickly. It’s still a little bit misunderstood and this could be in part because the terminology around it isn’t very clear but…

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Sallyport Commercial Finance Announces a $5.0M Credit Facility for an Established Apparel Company

11/25/20 – Northeast – Sallyport Commercial Finance provides timely financing to an apparel company that was hit hard when major retailers started to cancel orders due to the COVID pandemic. This new credit facility coupled with a seasonal inventory lender will provide the needed working capital to continue their exceptional service and help grow market…

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