Sallyport Commercial Finance arranged a $2 million accounts receivable facility, including a $500,000 cash flow loan, to a company that provides due diligence and document management solutions.
“Listening and understanding our entrepreneurs needs and goals are paramount in crafting the right working capital solution to assist with future profitability and secure the confidence to lift their businesses to new heights,” Greg Dyson, national sales manager for Sallyport Commercial Finance, said.
An advisor of the document management company was confident Sallyport could structure the right solution to give the business the ability to pay off its existing lender and focus on ongoing working capital needs. With Sallyport’s assistance, the business is better positioned for the current environment and for a future acquisition.
