Sallyport Commercial Finance recently provided a $2 million Accounts Receivable Facility to a seafood distributor who receives seafood daily from local fishing boats and offshore vessels which are then graded, processed and packed in their waterfront facility.  They are then shipped to local, national, and international customers.

The company was founded in 2002 as a daily online auction to facilitate selling and buying advantages for local fishermen and approved buyers around the globe.  The main species of seafood traded include cod, haddock, pollock, redfish, hake, dabs, grey sole, and blackbacks.

Sallyport Commercial Finance is excited to support this business to help them accomplish their future objectives.