Sallyport Commercial Finance funded a $5 million combined accounts receivable and inventory finance facility for a growing kitchen cutlery company poised to expand its wholesale operations.
Referred to Sallyport through a trusted broker relationship, the company was seeking a financing partner that could provide greater borrowing availability than its existing options. As demand for its products continued to rise, the business required a more flexible working capital solution to support seasonal fluctuations and accelerate growth.
The client needed a facility that offered a seasonal over-advance along with no customer concentration limits on its highly creditworthy customer base. This additional flexibility would unlock significantly more working capital, enabling the business to capitalize on growing wholesale demand without cash flow constraints.
By combining accounts receivable and inventory finance into a tailored facility, the company gained the liquidity needed to increase inventory, support larger customer orders and confidently pursue its next stage of growth.
With a seasonal over-advance and no concentration limits on qualifying customers, Sallyport was able to lend more and create a financing solution that aligned with the company’s ambitious growth plans.
