The family-owned and operated business was referred to Sallyport by a broker who has introduced business in the past. With a turnaround solution in place, the company hopes to generate more revenue and stabilize their working capital.
“The client was looking for a more flexible financing solution. Not only did we repay the bank but we were able to inject some extra working capital to aid in the company’s growth plan. We’re seeing more and more opportunities In Alberta as banks and credit unions seem to be lowering their exposure in certain sectors,” says Dan Millar, VP of Sales.
Sallyport is excited to provide a creative, personalized solution so that the business can pay off their current bank line and expand to other industries to continue their growth. 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.
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