Sallyport supported a longstanding contact with $1,500,000 in accounts receivable finance to propel their wholesale business to the next level.

The client needed funds to pay an overseas supplier for a large order, in full, prior to goods being shipped. Through their past relationship, the client knew that Sallyport were well placed to help with their extensive knowledge and experience of export finance within the apparel industry. This boost will enable them to grow their organization as they can now accept new business with the assurance that they will be able to pay suppliers for materials and fulfill their customer orders.

“The business needed a trusted funding partner that understood the complexity of trade finance and could help them confidently take on additional business. After a difficult year due to the pandemic, the business is now poised to have significant growth with the support they've received from Sallyport. This was a great example of a client who was ready to move forward and could count on Sallyport to help propel their growth," saidGreg Dyson, National Sales Manager, Sallyport Commercial Finance.