Sallyport Commercial Finance finalized an agreement to provide $5 million in financing to a construction business.
The client had limited options given and needed funding quickly and didn’t want to rely on a merchant cash advance lender to its needs. The company specifically required $1.5 million immediately with an uplift to a total facility of $5 million following a field exam.
“Sallyport Commercial Finance provided critical funding to an established interior finishing contractor within a week, giving them the confidence to pay vendors, cover payroll and meet future obligations. The business owner is grateful knowing they have a lender that will support their business and understands their vision for growth without them having to concede to unnecessarily costly debt.” Nick Hart, president of Sallyport Commercial Finance, said.
