Sallyport Commercial Finance announced it has provided $750,000 in accounts receivable financing for Staffing Visionaries that will facilitate the company delivering innovative industry solutions and realizing their growth goals.

Sallyport received a direct referral from the bank who were unable to accommodate and spearheaded this deal and ensured it came to fruition through its usual team effort and willingness to explore all options.

The funding will provide general working capital to support the business’ growth and allow them to consider other strategic acquisitions in a market undergoing rapid digitization.

Alexandra Scoggin, senior vice president for Sallyport, is encouraged to be able to help a company who couldn’t access bank finance whilst also relieving a referral partner of business that is no longer feasible for them.

“Our close working relationship with the bank’s Special Assets Group allowed us to lead the deal and ensure we could get to a close. I’m excited to support their growth locally and internationally and watch them transform the tech staffing industry, along with helping finance other target acquisitions.”

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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