Englewood, NJ – Sallyport Commercial Finance recently provided a $700K Accounts Receivable Facility including a $200K Inventory Facility to a company selling to retailers via their e-commerce website.
Founded in 2011 this distributor sells items such as tank-less water heaters, water purification systems, humidifiers, as well as children’s clothing to large retailers such as Costco, Home Depot and Amazon.
Sallyport Commercial Finance was able to be creative in providing inventory finance and accommodating extended terms to one of their customers, in order to provide the working capital that this business needs to take advantage of a growth opportunity.
Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams. The senior management team have over 50 years of collective experience in helping entrepreneurs grow their businesses, both in the US and Europe, by turning their invoices and assets into cash. Sallyport Commercial Finance offers a full suite of factoring and asset-based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all our industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables and IT.
5/15/20 – California – Sallyport Commercial Finance arranges a $2,000,000 Accounts Receivable facility including a $500,000 Cash Flow Loan to…
5/22/20 – California – Sallyport Commercial Finance arranges a $3,000,000 Accounts Receivable facility for a national distributor of gaming and…
There is no question that technology is helping factors function in a more efficient, cost effective manner. But Emma Hart…
Ingrid Chen Senior Account Executive Sallyport Commercial Finance, LLC Ingrid has spent 27 years in the factoring and asset-based lending…
Sallyport commercial finance’s Annual Holiday Music Video!
AG Machining Client Testimonial