Daily News: February 20, 2018

Sallyport Provides $1MM Refactoring Line to Finance Company

Sallyport Commercial Finance provided a $1 million credit facility to a specialty finance company offering funding to small and medium-sized businesses through accounts receivable financing, invoice factoring, inventory financing and purchase order financing.

The company plans to use this financing to grow their business, service its existing portfolio and continue delivering working capital solutions to entrepreneurs nationwide.