Sallyport Commercial Finance provided a $650,000 AR facility to a company that specializes in energy development.

This established service provider works with utility, energy and transport companies to assist them in purchasing land for development. The company acquires land for wind/solar farms, right-of-way acquisition for transmission lands, as well as assisting in new petroleum pipeline systems. With the continued growth in the energy sector and an increased demand for its services, the company needed a flexible credit facility that would help it expand and meet its growing payroll demands.