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Home Deal Announcements

Sallyport Provides $1MM A/R Facility to Camera Supplier

bynadine
February 3, 2020
in Deal Announcements

Sallyport Commercial Finance arranged a $1 million accounts receivable facility for a hi-tech camera supplier in the perimeter surveillance industry.

“Our reputation for assisting businesses experiencing rapid growth led to an introduction to Sallyport. This new client is posed to have a strong year and needed funding to support their growth. We were able to structure an accounts receivable line to include their domestic and international receivables, giving them the needed working capital for continued expansion,” said Danny Krasna, VP of Business Development.

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