Sallyport Fuels $250K Comeback for Wholesale Startup Growth

Sallyport Commercial Finance is proud to announce a new funding for a Canadian client in the  wholesale and distribution industry, providing them with $250,000 in Accounts Receivable (AR)  financing. The client turned to us for support in relaunching their business post-COVID. 

Due to the impact of the pandemic, the client’s business is effectively operating as a startup  once again. Sallyport’s funding will provide essential working capital, enabling the client to  focus on growth and stability. The primary objective is to drive business expansion and position  the company for long-term success, ultimately allowing the client to hand down the company  to the next generation. 

Sallyport was the first choice partner for the client, thanks to our decade-long relationship with  them. 

"It is special to be helping so many entrepreneurs. The pandemic significantly hindered  this client’s business, and Sallyport was thrilled to be able to help in their future growth  and development, supporting them in achieving their long-term goals", said Dan Millar,  Vice President of Sallyport in Canada.  

As Sallyport continues to support businesses looking to secure financial growth, this latest  funding package reflects our commitment to helping companies overcome obstacles and thrive. 

About Sallyport Commercial Finance

Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on  providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth  and achieve 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.