Sallyport announced a $1,750,000 funding for a hospitality services supplier in the U.S.

The client was referred to Sallyport from a trusted contact in the company's CPA network. A customized package of accounts receivable financing, equipment finance and a term loan were tailored to the client which enabled them to settle their obligations with their exiting lender and increase working capital, leaving them free to focus on expansion into new markets through the acquisition of complementary businesses.

Nick Hart, Sallyport President commented, “Sallyport's consultative approach to supporting the client and helping them realize their growth ambitions proved vital to securing their business. We're truly grateful that the client recognized our genuine interest in helping them and we look forward to working with them and seeing them succeed.”