Sallyport Commercial Finance delivered a $2 million accounts receivable facility to a company that provides printing and finishing services.
“The company has been self-financing for the last couple of years,” Dan Millar, vice president of business development at Sallyport Commercial Finance, said. “Sallyport was able to offer a flexible non-notified financing solution to inject some much-needed working capital into the business. The company has some exciting plans in the future and we are happy to support them through these uncertain times.”
The client was introduced to Sallyport Commercial Finance by two referral sources. The working capital will support payroll and ease cash flow constraints.
