Sallyport Commercial Finance is proud to announce two new partnerships in the staffing industry, providing a combined $750,000 in accounts receivable financing facilities to help these growing businesses meet critical payroll demands.
A $250,000 facility was established for a growing IT and Technical Staffing business introduced by Sallyport’s valued partners at Northrim Funding Services. This client is forecasting strong near-term growth and is targeting $1M+ in revenue by 2026. With rapid expansion on the horizon, they needed a financing partner that could move quickly and deliver a tailored solution to match their ambitions.
Additionally, a $500,000 Accounts Receivable financing facility was secured for a forward-thinking staffing company dedicated to connecting job seekers with meaningful employment opportunities across North America. With extended payment terms from their clients causing cash flow strain, the business needed fast, flexible funding to meet critical payroll obligations. Sallyport’s ability to respond quickly and offer cross-border financing solutions made them the ideal partner.
“We’re proud to welcome another promising Staffing Client. The staffing industry continues to be a key focus for Sallyport Commercial Finance as we remain confident in providing flexible financing solutions within the space. Our client is now well-suited to scale with the proper A/R financing facility. Together We Grow!” said Rob Harjung, VP of Business Development.
Dean Winter, Business Development Executive, added, “We’re excited to support another strong, growth-focused business with the working capital they need to scale. It’s been a pleasure collaborating with their team, and we look forward to building a long-term partnership.”
Sallyport’s speed, dedication to service, and ability to customize financing were key factors in earning the clients’ trust. Both companies will use their facilities to support immediate payroll requirements as they pursue their respective growth objectives.
These deals represent Sallyport’s ongoing commitment to powering possibilities for entrepreneurial businesses in the staffing sector, wherever they are on their growth journey.
