Sallyport Commercial Finance Announces $500,000 in Financing for an Oilfield Services Company

Sallyport is delighted to announce $500,000 finance for an oilfield services company offering saltwater disposal services in the field.

The client contacted Sallyport directly as they were struggling with their receivables collections and needed to utilize its expertise in accounts receivable management while using the influx of working capital to cover their payroll expenses. Now that they have the support of a complementary financial partner, they will concentrate on expanding their US business.

Sallyport were the partner of choice essentially because the client recognized how invested they are in their clients and genuinely care about their continued success.

Anne Mask, Inside Sales Manager is delighted that Sallyport is able to not only finance the client but provide them with essential operational support they need to grow.

“We are excited to support the growth of this company and help them with their back office operations including the smoothing out of their collection processes.”

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.