Sallyport Commercial Finance Provides $500K AR Facility to Flooring Products Distributor

Sallyport Commercial Finance provided a $500,000 accounts receivable financing facility to a distributor of flooring products. Partnering with the distributor’s existing inventory lender, Sallyport freed up working capital and provided receivable management services.

“A trusted business consultant knew the client had a viable business but required the sophistication of a professional AR management firm like Sallyport,” Matthew Tobin of Sallyport Commercial Finance, said. “I am very pleased about onboarding our new client and look forward to watching them grow through 2021 as the economy rebounds.”