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Can You Get a Business Loan with Bad Credit?

credit score on laptop screen in office

Good credit management is one of those things that you only value when you really need it. When it comes to securing finance to grow a business, getting a small business loan may not be as straightforward as you’d hoped if you’ve neglected to keep an eye on your credit score and bad credit control…

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COVID-19: Catalyst or Concern for the Telecoms Industry

The telecoms industry is made up of diverse sectors and has so far suffered an equally diverse range of impacts from COVID-19. The sector is no stranger to a recession and in a way a ‘normal’ recession might have been easier to prepare for than the disarray that COVID has caused.  In the immediacy of…

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Financing a Business Restructure and Turnaround

Financing a business restructure is one of many reasons a business may need to supplement their finances. Restructuring is usually considered when a business goes through a period of constrained cash flow. This could be as a result of losing a significant customer, investing in the wrong markets or who would have thought; a global…

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Financing a Professional Services Business

We often regard professional services businesses as being easier to manage than a product based business and in a lot of ways they are; they can be set up by one person at very little cost, there’s no stock to hold or supply chain issues to contend with and overheads are minimal and generally, a…

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Sallyport Commercial Finance Equips Solar Panel Supplier with Growth Finance of $7.0 Million Dollars

3/22/21 – California – Sallyport Commercial Finance provided a $7.0 mm Accounts Receivable Financing Facility to a supplier of high-efficiency solar panels. Our client had a choice between a lower priced bank line with limitations or a more flexible facility from Sallyport.  They choose growth and the confidence in partnering with Sallyport to help achieve…

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10 Tips for Managing Cash Flow in Small Business

As a small business owner, cash flow are two words that you only really want to hear in the same sentence as positive. It’s the age-old balancing act of ensuring there’s more money coming into the business on any given period than there is coming out. It sounds simple enough but sometimes small oversights mount…

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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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