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Sallyport Commercial Finance Provides $2MM Facility to Footwear Company

March 08, 2017, 08:00 AM
Filed Under: Manufacturing

Sallyport Commercial Finance recently provided a $2 million facility including an Inventory and Purchase Order Line to a company who specializes in designing and manufacturing the fold-up ballet flat footwear. Their products include flats and sandals for women and children. Their styles have been featured in Vogue, InStyle, and Glamour Magazines. Our client’s products are available in over 1000 boutiques and Majors across the US and abroad.

Sallyport was able refinance a line of credit and provide working capital to enable the Spring 2017 collection to be shipped to customers, in addition to raising a Letter of Credit to ensure Summer 2017 is underway.


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