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Sallyport Commercial Finance Structures a Credit Facility for a Plant Nursery in North America
February 12, 2020
Source: Sallyport Commercial Finance
Sallyport Commercial Finance supplies a $1,300,000 accounts receivable facility to a wholesale distributor of plants and flowers.
The company needed additional working capital to fulfill large orders. They were referred to Sallyport by a broker who has worked with us in the past and felt confident that we could provide a structured solution to support their growth.
“Since inception, this company struggled to find a suitable credit facility that would help fill larger orders and support continued growth. I’m pleased to have provided the aid the business needed to procure these orders and help secure the future success of the business.” says James Bartel, VP of Sales.
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. The senior management team have over 50 years of collective experience in helping entrepreneurs grow their businesses, both in the US and Europe, by turning their invoices and assets into cash. 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 our industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables and IT.