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Sallyport Commercial Finance Announces a $5.0M Credit Facility for an Established Apparel Company

11/25/20 – Northeast – Sallyport Commercial Finance provides timely financing to an apparel company that was hit hard when major retailers started to cancel orders due to the COVID pandemic.

This new credit facility coupled with a seasonal inventory lender will provide the needed working capital to continue their exceptional service and help grow market share.

“Our client came to us in the midst of these upside-down times. They wanted to find a new lender who was understanding of the effects COVID-19 had on businesses and could address their working capital needs. With the pressing holiday season upon them, they needed a finance partner to help fulfill their current orders and launch them into 2021 with renewed confidence.”  Stated Danny Krasna, Vice President. 

Sallyport is committed to our SME’s during these tumultuous times and are able to create compelling cash flow solutions to keep business growing.  Sallyport’s motto is Together We Grow, and we remain committed to financing businesses through good times and unprecedented times.

 

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