Archive for October 2021
5 Ways to Save Money with Full Service Factoring
The primary benefit of invoice factoring for businesses is no doubt quick and easy access to working capital. This capital enhances cash flow and can be used for pretty much whichever purpose the business sees fit. For smaller companies or startups without access to conventional lending, that’s one big reason to use factoring services; another…
Read More$7,500,000 Funding for Electronics Distributor
Sallyport are delighted to announce that we’ve just provided a $7,500,000 accounts receivable facility for an electronics distributor. Referred to us by their current lender whom we will work alongside, the client has a highly seasonal business and needed to free-up working capital to be able to secure enough stock for the holiday season whilst…
Read More$900,000 Finance for Growing Staffing Business
$900,000 in Accounts Receivable finance sets up staffing business for stateside growth. The client was referred to Sallyport via our partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll,…
Read More$4,000,000 Finance For Rapid Growth Staffing Company
Sallyport’s fall fundings continue with a $4,000,000 Accounts Receivable facility for a US staffing company experiencing rapid growth. The client was referred to Sallyport via a CPA and one of our industry competitors at a time when they started accelerating growth exponentially; the preceding factoring provider felt uncomfortable adapting to their growing financial requirements. Sallyport’s…
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