Sallyport Commercial Finance Fuels Staffing Startup's Growth with $500,000 Funding

Sallyport Commercial Finance has provided a $500,000 Accounts Receivable facility to a startup  in the staffing industry. Facing rapid contract growth in their early stages, the company sought  funding to bridge working capital gaps and support payroll operations.  

The client has been focused mainly on entry level labour roles such as warehouse operations,  garbage hauling and assembly line personne, however, the business has ambitious plans to  grow organically with additional contracts and also expand their services to provide  professional and white-collar personnel. 

The decision to partner with Sallyport came from one of the owner's prior positive experiences  and familiarity with our systems and team. Aside from this, they cited professionalism and  competitive rates as being key to working with us. 

Dean Winter, Business Development Executive with Sallyport showed enthusiasm for  supporting a true Canadian entrepreneur with their vision… 

“It was a privilege to collaborate with such a smart and experienced team on their new  venture. Supporting entrepreneurs is at the heart of what we do at Sallyport, and I’m  excited to see how they grow and succeed in the future.” 

Sallyport looks forward to supporting the company's ongoing growth and success in the staffing  market. 

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.