Sallyport Commercial Finance announced a $6,000,000 Non-Notification Factoring facility to support a leading agriculture company in their strategic restructuring and growth journey.
A privately owned entity, the client recently underwent a comprehensive restructuring of their assets. As part of this transformation, Sallyport was introduced by an investment banker, in order to provide a flexible working capital solution to bolster their operational costs. With a creative approach and ability to collaborate effectively with multiple stakeholders, Sallyport was able to deliver a financing structure tailored to their unique needs.
With this funding, the company is well-positioned to scale operations, improve financial stability, and enhance profitability. Their long-term goal is to grow and establish a strong market presence, ultimately enabling their private equity ownership group to exit successfully through a future sale.
The client chose Sallyport over the competition for its flexibility and creative approach in structuring a deal that worked for varied parties. By understanding their challenges and business objectives, Sallyport provided a funding solution that allows them to focus on their growth strategy with confidence.
MD for Sallyport, Calum Williamson, talks about industry expertise meeting personalized service saying, “We are thrilled to support our client with this $6 million in funding, empowering their mission to drive sustainable agriculture forward. At Sallyport, we take pride in providing the financial solutions that help innovative businesses thrive and grow - in this case, quite literally grow!”
The CFO for the new client, shared their excitement with the new partnership saying, “Securing this $6 million facility with Sallyport Commercial Finance LLC marks a pivotal step in strengthening our financial position and fueling our growth initiatives. Their tailored approach and deep understanding of our business needs made this partnership a natural fit. We look forward to leveraging this capital to drive operational efficiency and seize new opportunities.”