Sallyport Commercial Finance Delivers $1.5MM Credit Facility to Sports Accessory Company

Sallyport Commercial Finance provided financing to a business providing sportswear accessories to consumers and retailers in the U.S., Canada and Australia. The credit facility will enable the business to continue to service existing customers and help grow market share.

“This is a well-known brand in the extreme sport industry and I’m excited to be part of their expansion. Due to COVID and the declining retail sector, the company had to adapt, seeking a working capital solution to help them rebuild and refocus how they go to market. Partnering with [a] trusted inventory lender, Sallyport was able to structure a flexible line of credit in spite of the current environment.” Wade Concienne, VP of sales for Sallyport Commercial Finance, said.