Sallyport Commercial Finance funded a $10 million accounts receivable facility for a third-party logistics provider.
Referred to Sallyport by Marcus Ferrari of Commercial Finance Partners, the client needed to repay obligations to its existing senior lender while injecting fresh working capital to stabilize operations.
“This funding has been nothing short of transformational for our business. It enabled us to clear critical obligations, inject the working capital needed to stabilize operations and shift our focus back to growth,” the president and chief operating officer of the company, said. “The speed, professionalism and partnership we experienced with Sallyport made the process seamless, while their collaborative approach gave us the confidence to accelerate our strategy and move forward stronger than ever.”
“At Sallyport, our priority is always the client. When the client needed a fast, flexible solution, we moved quickly, collaborating closely with the referral source, the equipment lender and the clients’ finance team to deliver a seamless funding package,” Calum Williamson, NAM sales manager, said. “It was a true team effort and we’re proud to have played a role in supporting their turnaround and future growth.”
“I couldn’t be prouder of the Sallyport team for the way they rallied to get this deal across the line,” Nick Hart, president of Sallyport, said. “Their speed, adaptability and commitment to collaboration, especially under tight timelines, are exactly what sets us apart. This was a complex transaction, and the team’s ability to deliver a solution that truly supports the client’s future is a testament to their dedication and expertise.”
