Sallyport Provides $1.3MM AR Facility to Flower Distributor

Sallyport Commercial Finance supplied a $1.3 million accounts receivable facility to a wholesale distributor of plants and flowers.

The company needed additional working capital to fulfill large orders.  It was referred to Sallyport by a broker who has worked with the company in the past and felt confident that Sallyport could provide a structured solution to support their growth.

“Since inception, this company struggled to find a suitable credit facility that would help fill larger orders and support continued growth.  I’m pleased to have provided the aid the business needed to procure these orders and help secure the future success of the business,” says James Bartel, VP of sales.