Sallyport Commercial Finance Funds Staffing Firm $500K to Power New Renewable Division
Sallyport Commercial Finance is proud to announce the successful funding of $500,000 in Accounts Receivable finance for a staffing firm whose parent company is an existing client.
The client, referred by our Account Executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their payroll obligations and drive business growth as they break into a new sector.
The company's parent company is based in the UK so Sallyport’s cross-border capabilities and dedication to outstanding client service provided a seamless solution, leading the company to choose us as their funding partner.
“We started helping this UK-owned group back in 2019, and they have continued to grow and set up other successful divisions," said Olivia Hudson from Sallyport. "Our cross-border and international capability, along with outstanding client service, has ensured we have retained the relationship and helped them to grow the group.”
The client commented...
“Our wider group has partnered with SCF for several years now. Sallyport consistently provides exceptional customer service and takes the time to truly understand your business. They offer support in many scenarios where others may not. We are happy to be expanding our relationship with SCF." Christopher Owen, Director
The $500,000 funding will be utilized primarily for wages and payroll, laying the foundation for future expansion into the renewable energy sector, a key focus for the company’s long-term growth strategy.
Sallyport Commercial Finance is excited to continue supporting this client as they expand their business and explore new industry opportunities.
About Sallyport Commerical 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.