Daily News: July 5, 2017

Sallyport Commercial Provides $1MM to West Coast Manufacturer


Sallyport Commercial Finance provided an $850,000 accounts receivable facility and a $150,000 inventory facility to a manufacturer of high quality composite tools, components and assemblies.

Founded in 1994, the company is best known for fabricating and building experimental aircraft, and also supplies customers in the aerospace, transportation, wind energy, industrial, marine, space and UAV sectors. With more than 80 years of experience in composite component manufacturing, it is able to manufacture components from various types of composite materials with several material manufacturers in order to meet the needs of clients.