FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

Sallyport Commercial Finance Arranges Credit Facility for Communications Provider

January 17, 2020, 08:55 AM
Filed Under: Communications


Sallyport Commercial Finance delivered a $1,050,000.00 combined A/R and equipment facility to a company that provides premier printing, mailing and marketing services to a variety of industries.

“It was a pleasure working with this client through the take-on stages, ensuring we fully understood their needs and that our facility would be suitable for their funding requirements.  Putting in place a Non-Notification factoring agreement, along with a small equipment loan to give them the additional working capital required.  The management team is strong and professional, with ambitious growth plans, we are excited to be part of their journey,” states Dan Millar, VP of Sales.

When the business fell out of covenants with their local bank and felt the mounting pressure to maintain sufficient cash flow, the company turned to a financial consultant that found Sallyport to be the right solution.  We’re excited to partner with this growing company and help them facilitate their hopes and dreams.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.