Sallyport Commercial Finance provided a $1.5 million accounts receivable facility to a manufacturer of software accessories, PC games and interactive toys.
The business had been experiencing cash flow problems with their previous international factoring service, leading it to seek out alternative funding.
“I’m very pleased that our newest client is once again working with our team. Seeking a better solution and a lender that understands their business, the owner sought out Sallyport and moved his business over. With the knowledge and expertise of our team, the business can now easily manage their credit and cash flow needs,” said Matthew Tobin, vice president of Business Development at Sallyport.
