Sallyport Commercial Finance Adds Another Client to their Growing Canadian Portfolio
May 19, 2020
Source: Sallyport Commercial Finance
Sallyport Commercial Finance approves a $1,750,000 accounts receivable facility to a group of staffing companies that provide flexible recruiting services to Canada and the U.S.
“Having worked with the owners and management team for several years, we’re delighted to be able to offer this long-standing Toronto based staffing company a flexible factoring facility. The people behind the business are honest, hardworking entrepreneurs that are confident in our new relationship to help them grow through these difficult times. I am excited to work with them again, and delighted to welcome them to the Sallyport family,” says Calum Williamson, Managing Director.
Sallyport is happy to deliver a solution so the company has the ability to pay off their existing lender and cover payroll. With our plan of action in place, the business is determined to find their financial footing, grow the business towards profitability and eventually sell it in the future.