Sallyport Commercial Finance Provides $1.75MM in Financing to Laundry Services Company

Sallyport Commercial Finance provided $1.75 million in combined accounts receivable and equipment financing to a commercial laundry services company to support an acquisition, cover payroll costs and free up working capital to invest in new equipment.

“After an extremely challenging time in the laundry sector, we were delighted to help our client make a key business acquisition,” Nick Hart, president of Sallyport Commercial Finance, said. “We will be there by their side to help with the opportunities and challenges presented in 2022 and beyond. We look forward to seeing them grow and thrive through our partnership.”