Sallyport Funds $4MM Accounts Receivable Line of Credit to Canadian Security Firm

Sallyport Commercial Finance opened a $4 million accounts receivable facility to a Canadian security firm. After several lenders reviewed and passed on the business, the company was introduced to Sallyport.

“The company was looking for a financing need that supported their projected growth. Understanding their situation, we structured a working capital solution that will help with the fulfillment of new contracts,” Dan Millar, vice president of Sallyport, said. “Partnering with one of our trusted equipment lenders, the client now has the funding to confidently secure future business.”