Sallyport Commercial Finance Closes $3 Million Creative Finance Solution for New Venture
August 23, 2023
Source: Sallyport Commercial Finance
As the existing finance partner for another company in the same group, Sallyport was the first choice when it came to funding this new venture.
The finance company had grown much faster than forecasted and needed to find a provider to help them with funding new property lending opportunities. Sallyport’s $3 million senior facility will help fund the purchase of new properties to add to their unique portfolio.
The facility will allow the client to continue their portfolio and take advantage of this unique business opportunity.
Emma Hart, COO and EVP Operations for Sallyport is excited to play a part in creating an innovative new finance solution.
‘When we were approached by a trusted and existing client with a new lender finance venture, two of probably the most creative lenders in our space got together and tailored a solution that made it work for both of us,” Hart said. “Sallyport is very happy to provide support and finance this new venture!’
The finance company had grown much faster than forecasted and needed to find a provider to help them with funding new property lending opportunities. Sallyport’s $3 million senior facility will help fund the purchase of new properties to add to their unique portfolio.
The facility will allow the client to continue their portfolio and take advantage of this unique business opportunity.
Emma Hart, COO and EVP Operations for Sallyport is excited to play a part in creating an innovative new finance solution.
‘When we were approached by a trusted and existing client with a new lender finance venture, two of probably the most creative lenders in our space got together and tailored a solution that made it work for both of us,” Hart said. “Sallyport is very happy to provide support and finance this new venture!’
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