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Home Deal Announcements

Sallyport Provides $2MM A/R Facility to Marketing Firm

byAmanda Koprowski
April 30, 2018
in Deal Announcements

Sallyport Commercial Finance provided a $2 million accounts receivable facility to a strategic casino and gaming marketing firm.

Family owned and operated, the company sells a variety of promotional items, ranging from cookware to hats, to casinos and related industries across North America.

“Our new client had outgrown their current factoring partner and had a number of key challenges to overcome in order to accommodate their growing pipeline. After an exhaustive search by our client for a new financing partner with no success, Sallyport was found to provide the right combination of financing in conjunction with our P/O financing partner. Sallyport’s ability to accommodate our new client with a larger credit facility in addition to a term loan shows our desire to support entrepreneurs,” said Matthew Tobin, vice president of Business Development.

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