Specialty finance company Sallyport Commercial Finance funded a $1.5 million accounts receivable facility, including a $500,000 cash flow loan, for a company that provides its customers with a catalog of natural sweetener alternatives.
The company primarily offers healthier food products without refined, added sugar to help reduce the risk of obesity and diabetes.
“The business owner and his team are experienced professionals, putting all their skills and knowledge together to help improve the world. Sallyport looks forward to helping them achieve their purpose and being part of this exciting journey with them,” says Calum Williamson, Sallyport managing director.
Sallyport evaluated the business’ portfolio, taking time to listen and understand the company’s current struggles and cash flow concerns. Sallyport was confident in subsequently providing them a working capital solution that would help pay off their current lender and grow their business both in the U.S. and the rest of the world.
