Sallyport Commercial Finance provided a $350,000 accounts receivable facility to an oil and gas business after a bank failed to extend its facility.
After two years’ of extremely challenging conditions for this business due to the pandemic, Sallyport Commercial Finance provided $1.75 million in finance for an office furniture manufacturer.
In a deal that closed in 2022, Sallyport Commercial Finance equipped a U.S. project management business with an $850,000 accounts receivable facility.
Sallyport completed a $1.75 million in accounts receivable finance for an oil and gas company in the U.S. The client was referred to Sallyport through an existing client in the energy services space.
Sallyport provided a $400,000 tailored financial solution to an industrial manufacturer based on the West coast of the U.S. The package is made up of a $120,000 cash flow loan with the remainder accounts receivable facility.
Sallyport Commercial Finance promoted James Bartel to senior vice president of sales, effective immediately. Bartel has served Sallyport Commercial Finance’s SME and entrepreneur business owner clients over the past four years.
Sallyport Commercial Finance provided a $7 million accounts receivable financing facility to a supplier of high-efficiency solar panels. The client chose the facility over a lower-priced bank line with limitations, according to Sallyport.
Sallyport Commercial Finance provides a $400,000 accounts receivable facility to a trucking company that specializes in carrying a variety of steel products such as rebar, plate steel, formed steel, coil and pipes.
Sallyport Commercial Finance delivered a $1.25 million accounts receivable facility to a manufacturing company which produces control panels for industries ranging from nuclear power plants to outdoor barbecues.
Sallyport Commercial Finance customized a $1.95 million accounts receivable facility for a provider of various engineering and laboratory solutions based in the Northwest.