Sallyport Commercial Finance provided $500,000 in accounts receivable financing to an organic soap manufacturer that has been crafting and distributing natural soap products in the U.S. and Canada since 1994.
Sallyport Commercial Finance provided $1 million in combined financing to a Canadian importer of industrial pipes and flanges. The package is made up of $750,000 in accounts receivable funding and $250,000 in purchase order financing.
Sallyport Commercial Finance promoted Olivia Hudson to senior account executive. Hudson was previously an account executive for the last four years.
According to two LinkedIn announcements, Sallyport Commercial Finance promoted Damon Dickens to executive vice president, while Calum Williamson accepted the role of North America sales manager.
Sallyport Commercial Finance provided a $5 million financing package to a North American manufacturer of health drink products.
Sallyport Commercial Finance delivered a $500,000 accounts receivable facility to a Canada-based industrial safety firm providing medical and rescue services to the oil and gas industry.
Sallyport Commercial Finance offered a $1 million accounts receivable facility to a well-established cosmetic wholesale and distribution company working with major retailers worldwide.
Sallyport Commercial Finance approved a $1.75 million accounts receivable facility to a group of staffing companies that provide recruiting services to Canada and the U.S.
Sallyport Commercial Finance provided a $250,000 accounts receivable facility to a company committed to providing equipment and process controls to the water treatment and manufacturing sectors.
Specialty finance company Sallyport Commercial Finance funded a $1.5 million accounts receivable facility, including a $500,000 cash flow loan, for a company that provides its customers with a catalog of natural sweetener alternatives.