Sallyport Commercial Finance Provides $250,000 Finance for Ontario Tech Company

A quick turnaround was in order for this growing Canadian B2B tech company who Sallyport has recently equipped with $250,000 in accounts receivable finance.

The client was referred to Sallyport through a broker and needed an influx of working capital to support their payroll obligations while they focus on growing their client base.
Dan Millar, vice president for Sallyport, was pleased that with the usual Sallyport team effort, the customer was funded quickly and efficiently.

“The client came to us looking for a quick turnaround to fund payroll – we’re happy that we were able to accommodate and get their funds out in a very short space of time. We’re excited to see this flourishing Canadian business get the support they need to take the organization to the next level,' said Millar.

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.