Daily News: November 22, 2017

Sallyport Provides A/R Financing to Children’s Apparel Company

Sallyport Commercial Finance provided a $300,000 A/R facility – including a purchase order line – to an established specialty apparel company offering eco-friendly baby products.

With more than 600 retailers nationwide, the company needed a flexible credit facility to help it fill growing orders and manage stretched payment terms. The A/R facility will offer this organization the support to grow and provide the highest quality products for its customers.