8/31/18 – Texas – Sallyport Commercial Finance provides a $150,000 Accounts Receivable line of credit to a startup company distributing commercial grade lighting in order for it to expand their product line, stay current with their suppliers, and service their existing client base.
This business offers commercial LED lighting solutions to apartment complexes, multi-family units, commercial buildings and manufacturing plants.
“With the right working capital solution in place, the company is now positioned to grow and meet all their obligations.” says Greg Dyson, National Sales Manager. “It’s exciting to work with a young entrepreneur that has a bright future ahead.”
Sallyport partners with small and medium sized businesses nationwide to help them manage through the painful cash flow fluctuations so many start-up companies encounter. With a flexible and creative approach to understanding the client’s needs, we were able to structure a sustainable credit facility that will ensure the business will keep the “lights on” for their customers.
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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