Sallyport Commercial Provides $1.5MM A/R Financing to Frozen Food Manufacturer

Sallyport Commercial provided accounts receivable financing of $1.5 million for a frozen food manufacturer. The financing will enable the client to prepay suppliers for dairy products.

“I’m delighted that an old prospect decided to reconnect and we were able to support them with a working capital solution that works for them as they grow the business,” Alexandra Scoggin, senior vice president for Sallyport, said.