Sallyport Commercial Finance provided a $2 million accounts receivable facility to a company that specializes in wide range of diverse products, from food-related ingredients to oilfield chemicals.

“It is a great pleasure to work with an entrepreneur who seized an opportunity to grow his business and take it to the next level while understanding the benefits of partnering with Sallyport to help him manage his business successes. The company has a bright future knowing he has secured the right working capital solutions from a trusted partner,” says Greg Dyson, Sallyport national sales manager.

The proceeds from the facility will be used for working capital to grow the business, build new client relationships and secure terms with suppliers overseas.