Sallyport Commercial Finance Funds $500,000 for Startup to Accelerate Growth

We’re delighted to announce the first funding for 2024 - $500,000 finance for a chemicals importer  experiencing a common challenge for newer businesses. With no payment terms from their suppliers  and extended payment terms from their customers, the client had a bottleneck in working capital  preventing them fulfilling orders.  

The business was referred to us by a past client and the funding will enable them to continue growing by  bringing on more customers and expanding the product offering. 

Dean Winter, Business Development Executive for Sallyport is grateful to be able to support an  ambitious startup with a financial solution they may not otherwise have access to… 

“It’s a privilege to have the opportunity to support a growing startup. The entrepreneur’s unique  industry experience, along with our understanding of their specific financial needs, lays the  groundwork for our partnership. I’m looking forward to being part of this next step in their  business’ success journey.” 

About Sallyport Commercial Finance

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. Sallyport Commercial Finance offers a full suite of factoring and asset  based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance,  Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes  businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation,  Government Receivables, and IT.