Sallyport Commercial Finance Funds $500K A/R Financing for Staffing Firm

Sallyport Commercial Finance (SCF) funded $500,000 in accounts receivable finance for a staffing firm whose parent company is an existing client. The client, referred by Olivia Hudson, account executive of SCF, is expanding into a new division focused on renewable energy. This funding is designed to enable the firm to meet payroll obligations and drive business growth as they break into a new sector._x000D_
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“We started helping this UK-owned group back in 2019, and they have continued to grow and set up other successful divisions,” Hudson said. “Our cross-border and international capability, along with outstanding client service, has ensured we have retained the relationship and helped them to grow the group.”_x000D_
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“Our wider group has partnered with SCF for several years now,” Christopher Owen, director of the firm, said. “Sallyport consistently provides exceptional customer service and takes the time to truly understand your business. They offer support in many scenarios where others may not. We are happy to be expanding our relationship with SCF.”