Skip to content
Newsroom
Sallyport Commercial Finance Provides New Credit Facility to Trucking Company in Washington.
Washington – 3/15/19 – Sallyport Commercial Finance provides a $400,000 Accounts Receivable facility to a trucking company that specializes in carrying a variety of steel products such as rebar, plate steel, formed steel, coil and pipes.  In addition to hauling steel, the company also transports lumber.

This growing, family-owned company began with a truck and trailer and now comprises of more than 15 company trucks and operators.  They pride themselves in providing excellent customer service while being a reliable source of transportation for both shippers and buyers.

“When a short haul trucking company needed help, they turned to Sallyport.  The owner had recently acquired the firm. The bank was unable to provide a credit facility and an MCA lender provided an insufficient, expensive and hard to cash flow option. The young entrepreneur quickly realized that a self-liquidating, flexible and potentially increasing facility was a great solution!” states James Bartel, Vice President of Business Development.

This young entrepreneur, dedicated to growing his business, quickly realized the importance of partnering with a lender to help meet his daily cash flow requirements.   Sallyport was happy to provide the working capital needed to ensure continued growth and to help meet the company’s goal to obtain bank financing in the near future.

Posted in
  • News

$250,000 Finance for Ontario Tech Company

June 5, 2023

A quick turnaround was in order for this growing Canadian B2B tech company who we’ve just equipped with $250,000 in…

Read More

Staffing StartUp Shaking Up Market with $500,000 Finance

April 28, 2023

$500,000 in accounts receivable finance is supporting an innovative staffing startup in achieving their growth ambitions.  The client was introduced…

Read More
  • Articles

Pet industry blog main image - cute small dog wearing coat stood by food dish

Pet Industry on a ‘Pawsitive’ Streak

Pets became priority again during the pandemic with owners forced to stay home to work and fill the void created…

Read More

10 Common Cash Flow Problems for Businesses

Cash flow is a fundamental metric that’s used as an indicator of the financial health of a business. In essence…

Read More
  • Videos

Scroll To Top