Sallyport Commercial Finance funded $1.25 million in accounts receivable financing for a transportation and logistics company based in Hawaii. This business, a key player in Hawaii’s logistics market, initially sought funding to consolidate high-interest, merchant cash advance (MCA) debt that had accumulated over time.
With Sallyport’s new funding, the company is not only able to streamline its financial obligations but is also poised for growth with more predictable cash flow and additional working capital.
“We’re excited to support a key player in Hawaii’s logistics market with the funding they need to maintain predictable cash flow,” Dean Winter, business development executive at Sallyport Commercial Finance, said. “This company, essential to the industry, is using our support to fuel their ambitious growth initiatives. We’re proud to partner with them on their journey to continued success.”
