Sallyport Commercial Finance provided a $7,000,000 Accounts Receivable credit facility to a company that develops outdoor cooling products to manage hot weather conditions.

Founded by a group of army veterans, this business provides commercial grade cooling products to help mitigate heat exhaustion in the work place and improve the safety of employees in warehouse and industrial environments.

“Our ability to understand growing businesses needs was truly reflected in this transaction.  Through strategic partnerships, we were able to provide the right working capital solution to finance their incredible upcoming growth,” says Danny Krasna, VP of Business Development.

For nearly a decade, this company has grown exponentially and needed a lender who understood their seasonality and financing needs.  Sallyport Commercial Finance is happy to partner with this company and provide them with the working capital needed to support their Hopes and Dreams.