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Working Capital to an Established Energy Storage Solutions Company
Sallyport Commercial Finance, LLC Provides Working Capital to an Established Energy Storage Solutions Company
Mukilteo, WA – June 8th, 2017: Sallyport Commercial Finance provides a $1.75MM Accounts Receivable Facility to a company that provides state of the art energy storage solutions to its customers.
Founded in 2012 this company provides megawatt-scale energy storage systems for utility, commercial and industrial customers. These storage systems are well suited for a variety of variable energy sources such as solar and wind.
Sallyport is excited to provide the working capital for this company so that they can engage in larger projects in the future.
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. The senior management team have over 50 years of collective experience in helping entrepreneurs grow their businesses, both in the US and Europe, by turning their invoices and assets into cash. 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.
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