As part of an acquisition solution, Sallyport and a partnering equipment lender, supplied the needed capital required to close the transaction and provide ongoing working capital. The new ownership team will continue to service the existing clients and have the ability to expand and grow with Sallyport’s support.
“Sometimes an unusual set of circumstances come together to create an opportunity. The Team assembled for this acquisition helped us get over a couple of deal points that would usually be deal breakers for any lender. Sallyport was very happy to take the long view and back the acquisition Team,” says Nick Hart, President.
Sallyport is pleased to provide the creative finance solutions required so the new owners can easily acquire the business, expand their services, and modernize their internal controls. Working through a convoluted set of circumstances, we’re confident the business is now positioned to meet their aggressive growth projections and secure their Hopes and Dreams.
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…
AG Machining Client Testimonial
Sallyport Commercial Finance Celebrates American Business Women’s Day