Skip to content
Newsroom

Sallyport Commercial Finance Provides a $1,250,000 Credit Facility to a Manufacturing Company in Washington.

Washington – 2/4/19 – Sallyport Commercial Finance delivers a $1,250,000 Accounts Receivable facility to a manufacturing company producing control panels utilized by industries ranging from nuclear power plants to outdoor barbecues.

With more than 40 years of experience and a solid commitment to their customers, this company proudly designs, tests and manufactures all their products in the USA.  Their current lender could not meet the client’s need for additional working capital and asked them to find another solution.  Their business consultant explored multiple sources of capital and chose Sallyport for their creativeness and willingness to get the deal done.  With new orders pending and a short timeline, the business sought a quick solution.   Sallyport met all their expectations and more, even while the client was on vacation and difficult to reach.

“Sallyport pulled through giving the client the assurance of meeting their obligations, paying off the bank and positioning themselves to take on more orders.  We are excited to be part of this growing business and to offer support so the owner can concentrate on sales and enjoy his vacation,” says James Bartel, Vice President of Business Development.

Every entrepreneur needs support from time to time, as well as confidence in a lender who understands their business and is willing to help drive growth.  Sallyport is excited to provide the needed working capital so the company can pay off their current bank, expand their customer base and continue to grow.

Posted in
  • News

$1,000,000 Accounts Receivable Finance for a StartUp

September 2, 2021

Sallyport are delighted to announce another early September funding – $1,000,000 accounts receivable finance for a startup business manufacturing sustainable,…

Read More

Sallyport Assign $1,000,000 in Finance for Staffing Industry StartUp

September 1, 2021

Our first funding for September goes to a StartUp in the medical staffing industry. A $1,000,000 accounts receivable facility will…

Read More
  • Articles

Challenges Facing Staffing Agencies Today

Staffing agency owners are emerging from the pandemic cautiously optimistic. After the major upheavals of last year, there seems to…

Read More
finance-for-engineering-blog-feature-image

Finding the Right Finance for Engineering

The economies of the US and Canada are heavily reliant on the success of the engineering sector which is a…

Read More
  • Videos

American Business Women’s Day

Sallyport Commercial Finance Celebrates American Business Women’s Day  

View Now
sallyport commercial finance logo

What is an Entrepreneur?

View Now
Scroll To Top