Sallyport Commercial Finance Secures $750K for Staffing Visionaries

$750,000 in accounts receivable finance will facilitate this staffing company in delivering innovative  industry solutions and realizing their growth goals.  

A direct referral from the bank who were unable to accommodate; Sallyport spearheaded this deal and  ensured it came to fruition through their usual team effort and willingness to explore all options.  

The funding will provide general working capital to support the business’ growth and allow them to  consider other strategic acquisitions in a market undergoing rapid digitization. 

Alexandra Scoggin, Senior Vice President for Sallyport is encouraged to be able to help a company who  couldn’t access bank finance whilst also relieving a referral partner of business that is no longer feasible  for them… 

“Our close working relationship with the bank’s Special Assets Group allowed us to lead the deal  and ensure we could get to a close. I’m excited to support their growth locally and internationally  and watch them transform the tech staffing industry, along with helping finance other target  acquisitions.” 

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.