Sallyport Commercial Provides $1MM A/R Facility to Delivery Company

Sallyport Commercial Finance supplied a $1 million accounts receivable facility and small cash flow loan to a company that provides customized delivery solutions for retail companies.
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The business is dedicated to providing an assortment of personalized and reliable services to customers including white glove treatment for delivery and setup services.
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“This is a great opportunity for an Ontario based family business to become direct vendors with some major suppliers. We were able to assemble a solution that allowed them to incorporate another company and guarantee them ongoing working capital. With great potential to grow, we are excited to be part of the journey with them,” said Calum Williamson, managing director of Sallyport Commercial Finance.
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Sallyport Commercial Finance provided the working capital so that this company can pay off its existing bank line while continuing to build a business for future generations to come.