California – Sallyport Commercial Finance provides a $5,000,000 combined credit facility that includes an AR line, Purchase Order Financing and an Inventory Advance that will give the business the confidence to expand and grow their product line.
For over two decades, this company has supplied hats and various accessories to major department stores, online retailers and foreign distributors. In addition, they recently expanded their expertise to develop another brand that focuses on tech accessories such as phone cases and laptop bags.
Sallyport Commercial Finance understands the needs and challenges the fashion industry faces and was happy to provide their expertise and professional management skills to ensure the company can meet the increased demands of their suppliers and the stretched payment terms from retailers. The company is positioned to have an exceptional year and looks to build a strong long-term relationship with their new finance partner, Sallyport.
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.
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