Sallyport Commercial Finance provided a $750,000 full notification factoring facility for a client in the disposal services industry that offers a range of waste management and recycling solutions in the multi-residential space.
Referred to Sallyport by a trusted broker, the client faced increasing cash flow challenges that were beginning to strain accounts payable. The funding is designed to provide working capital to cover day-to-day operations.
“From client engagement, we were able to fund this deal fairly quickly within two weeks, a true testament to our speed and flexibility,” Dan Millar, vice president of Sallyport, said.
