Sallyport funded a $1,000,000 factoring facility for a growing Canadian manufacturer, referred by a trusted corporate banking consultant and one of Canada’s big banks. The business required immediate support to complete repayment to the major Canadian bank, clearing the way for improved cash flow and renewed stability. 

The facility now provides the ongoing working capital they need to confidently take on new orders and pursue the next stage of growth. With ambitious plans to expand both domestically and across the U.S. market, where they also operate a U.S. entity, this funding marks the first step in a broader cross-border strategy. Sallyport expects to extend support to the U.S. entity in the coming weeks, offering a unified, scalable solution that aligns with their international trajectory. We partnered with an incumbent lender who provided $6M in real estate financing to resolve the majority of the bank repayment. 

This collaborative structure ensured a smooth transition and positioned the client for long-term success. Ultimately, the client selected Sallyport because of the strong trust built with both the referral partner and the big bank - confidence reinforced by our proven ability to deliver tailored, reliable working capital solutions across borders. Dan Millar, VP Sales, Sallyport Canada: “Canadian manufacturing is gaining real momentum, and we’re proud to fuel that growth. Supporting this client across both Canada and the U.S. highlights how our cross-border capabilities help ambitious manufacturers reach new markets.” We look forward to supporting their continued expansion and are proud to help fuel their next phase of growth.