Sallyport Commercial Finance supported the launch of a new AI-driven integrated distribution and wholesale business with a $1 million accounts receivable facility.
A spin-off venture from a long-time client, this new endeavor was created to bring an innovative, integrated product offering to market. With growth ambitions set on a future IPO, the client required a funding partner that could not only deliver working capital but also provide the long-term runway needed to support rapid expansion.
“It’s rare to be involved with clients that will become truly transformative in their sector,” Nick Hart, president of Sallyport Commercial Finance, said. “When that happens, Sallyport is proud to be a part of their story and success.”
