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Sallyport Commercial Finance Closes Record Month

March 20, 2017, 07:00 AM
Filed Under: Industry News

February was a record month for Sallyport Commercial Finance, providing facilities totaling $25.2 million. We were able to support businesses across a number of industries and sectors, including a Petroleum Distributor, a Seafood Distributor, a Lender to the Construction Industry, a well-known Shoe Designer and Manufacturer, a Guitar Builder, and a Landscape Gardener to New-House Builders.

The above businesses were financed using almost a full range of asset based lending facilities including, AR Financing, Inventory, Equipment, Cash Flow Loans, and Purchase Order Finance.

We are excited to have the opportunity to provide entrepreneurs with the funds needed to grow their business.

Sallyport announces some strategic hires of late, which will ensure their continued growth and success.

Greg Dyson joins our team as National Sales Manager with over 20 years' experience providing creative finance solutions to growing companies. Greg leads a very talented sales team across the nation with the addition of two more Business Development Officers - Danny Kransa and James Bartel.

Danny Krasna, Vice President of Business Development has established a New York Office for Sallyport and is already making an impact with new business on its way. James Bartel, BDO, covers the Northwest, establishing an office in Washington and has also started strong with one deal under his belt and paid out.

"An exceptional month for Sallyport which could not have happened without the dedication of each member of our team to get the deals closed. We are delighted to have a National Sales Manager on board whose values are truly aligned with our own, as well as expanding our sales team and footprint with the addition of Danny and James. I am looking forward to a very successful 2017." - Nick Hart, CEO

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