Sallyport Commercial Finance closed a $750,000 accounts receivable financing facility for a licensed apparel and accessories company experiencing rapid growth.
The company has seen a surge in demand driven by licensed merchandise programs tied to major international sporting events. With increased production requirements came the challenge of managing the timing gap between upfront manufacturing costs, vendor payments and extended customer payment terms. To maintain momentum and meet order volumes, the business required a flexible working capital solution aligned with its project-based model.
Through a broker referral, Sallyport delivered a tailored receivables-based facility designed to support the company’s cash flow cycle. The funding will be used to meet ongoing working capital needs, including ensuring timely payments to both overseas and domestic vendors, enabling uninterrupted production and consistent, on-time delivery to customers.
With secured licensing for the 2026 FIFA World Cup scarf program, the client is well-positioned for continued expansion. Looking ahead, the company aims to grow its licensed product portfolio further, including pursuing opportunities tied to the 2027 FIFA Women’s World Cup.
Sallyport was selected for its ability to provide a flexible financing structure and execute efficiently in a fast-paced, demand-driven environment. By working closely with the referring broker, the team ensured a seamless process and a solution built to scale alongside the company’s growth.
“This transaction underscores our strength in supporting project-based businesses with flexible working capital solutions aligned to real receivables and demand. Great execution by our underwriting team in delivering this facility,” said Kevin Yoon, VP Business Development for Sallyport.
