Sallyport Commercial Finance, LLC Provides $1,750,000 Funding for Hospitality Services Supplier

August 9, 2021

Source: Sallyport Commercial Finance

Sallyport Commercial Finance, LLC is thrilled to announce $1,750,000 funding for a hospitality services supplier in the US.

The client was referred to Sallyport from a trusted contact in its 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.”

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. Sallyport Commercial Finance offers a full suite of factoring and asset based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.

 

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