Sallyport Funds $1MM Line of Credit to Canadian Cosmetics Wholesaler

Sallyport Commercial Finance offered a $1 million accounts receivable facility to a cosmetic wholesale and distribution company working with retailers worldwide. This facility will help the business adapt to the changing retail sector and enable it to expand its product offerings for PPE distribution.

“With a bank line too small to support growth and the challenges of our current economy, the business owners were looking to partner with a lender that had similar vision and can adapt to the market,” Calum Williamson, managing director of Sallyport Commercial Finance, said. “We’re delighted to come alongside a client that wants the assurance of a strong lender that will help them achieve their goals.”