Sallyport Commercial Finance delivered a $500,000 Accounts Receivable facility to a construction clean up company.
A local business consultant was working closely with an owner who had difficulty staying current with his suppliers. The company specializes in new construction debris removal, driveway pours, form setting, land clearing and leveling for new homes. Understanding the owner’s frustration with slow paying contractors and the increasing demands of suppliers requiring payments, the consultant turned to Sallyport Commercial Finance to provide the cash flow relief the business desperately needed.
“This company started over ten years ago as a family business, and has grown into a respectable one with solid client relationships. With the help of Sallyport, the company will be able to take their business to the next level by fulfilling their working capital needs, enabling them to maintain positive relationships with key suppliers. They have big plans for the future and I am excited to watch them grow,” states Wade Concienne, VP of Business Development.
Sallyport is excited for the opportunity to offer the right solution so that this company can meet their financial obligations, continue to service their client base and fulfill their Hopes and Dreams. Sallyport appreciates the confidence our referral partners have in the solutions we provide when clients need flexible and sustainable working capital.