Sallyport Commercial Finance provided a $4 million accounts receivable financing facility to a sponsor-backed metal components company, which needed help with a working capital gap caused by delays in shipments out of India and China.
Sallyport Commercial Finance delivered a $500,000 accounts receivable facility to a Canada-based industrial safety firm providing medical and rescue services to the oil and gas industry.
Sallyport Commercial Finance provided a $5 million credit facility to an apparel company that suffered when major retailers began to cancel orders amidst the ongoing COVID-19 pandemic.
Sallyport Commercial Finance funded a Canadian security firm with a $4 million accounts receivable line of credit.
Sallyport Commercial Finance expedited a $1.5 million funding request for a service provider in the oil and gas sector to meet payroll. The business was short on funds and had a payroll deadline. In less than a week, Sallyport’s team structured a $1.5 million credit facility for the company.
Sallyport Commercial Finance offered a $1 million accounts receivable facility to a well-established cosmetic wholesale and distribution company working with major retailers worldwide.
Sallyport Commercial Finance arranged a $500,000 accounts receivable facility to a servicing company in the energy sector that pivoted the business to include green energy with inspection and servicing agreements on wind turbines.
Sallyport Commercial Finance arranged a $2 million accounts receivable facility, including a $500,000 cash flow loan, to a company that provides due diligence and document management solutions.
Sallyport Commercial Finance approved a $1.75 million accounts receivable facility to a group of staffing companies that provide recruiting services to Canada and the U.S.
Sallyport Commercial Finance delivered a $2 million accounts receivable facility to a company that provides printing and finishing services.