Sallyport Provides $5.5MM in Combined ABL Facility to EdTech Company
June 11, 2025 - Sallyport is excited to support a forward-thinking education technology company with a $5.5M combined Asset-Based Lending facility, including Accounts Receivable and Inventory Financing, as they scale their operations and make learning more accessible for students across North America.
Referred by a trusted partner in the U.S. alternative finance industry, the client needed a flexible working capital solution to support growth into 8 additional campus locations in 2025. This infusion of capital from Sallyport ensSalures they can continue expanding without slowing momentum creating value for students, colleges and shareholders.
More than just growing their footprint, the company is on a mission to:
● Enable more equitable, effective, and efficient learning for higher education students.
● Improve student performance, satisfaction, and retention.
● Create a profitable digital channel for publishers.
● Reduce the administrative burden on educational institutions through workflow automation.
Our financing facility complements existing support from their inventory lender, demonstrating how collaborative funding structures can empower specialized growth. Thanks to Sallyports’ experience and understanding of the UK market, given the clients’ UK parent company, and strong relationship with the referral source, we were the ideal partner to step in and deliver a comprehensive, cross-border solution.
“We’re proud to support our newest client as they expand their footprint across North America. Their mission to make education more accessible and effective aligns with our own values of empowering growth through tailored financial solutions. By providing the working capital needed to fund expansion into several new locations, we’re helping to accelerate their impact on student success and institutional efficiency.” — Nick Hart, President, Sallyport Commercial Finance
About Sallyport Commercial Finance
Sallyport Commercial Finance is an international specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to drive growth and help them achieve their business hopes and dreams. Sallyport Commercial Finance offers a full suite of factoring and asset based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.