Sallyport Commercial Finance provided a $5,000,000 Accounts Receivable facility to a staffing company that offers expertise to onshore land based and marine applications.
Established in 2018, this newly formed company was introduced to Sallyport by an investor group who knew Sallyport would provide good counsel and direction with financing to support their growth. The business provides skilled craftsmen with a range of specialized services that include electrical, fabrication, instrumentation, construction, environmental, supervisory, safety and inspection.
“We are proud to partner in their new venture. They have assembled a powerful management team and despite being a new entity, their excellence in service delivery has already blown the competition away," said Nick Hart, President of Sallyport Commercial Finance. The result of our powerful partnership is that their client has now made them a key supplier and sales are likely to be double the initial projection. Delivering client focused solutions together. It’s what we do.”
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.