Sallyport Commercial Finance Provides $250K in A/R Financing to Technology Company

Sallyport Commercial Finance provided a $250,000 accounts receivable financing facility to a B2B technology company based in Canada.

A broker referred the client to Sallyport. The client needed an influx of working capital to support payroll obligations while growing its client base.

“The client came to us looking for a quick turnaround to fund payroll,” Dan Millar, vice president at Sallyport Commercial Finance, said. “We’re happy that we were able to accommodate and get their funds out in a very short space of time.”