Sallyport Commercial Finance closed on $500,000 in financing for an oilfield services company offering saltwater disposal services.

The client contacted Sallyport directly, as it was struggling with its receivables collections and needed to cover its payroll expenses.

“We are excited to support the growth of this company and help them with their back-office operations, including the smoothing out of their collection processes,” Anne Mask, inside sales manager at Sallyport Commercial Finance, said.