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Sallyport Commercial Finance Provides $1.5MM Financing to Sports Accessory Company

August 27, 2020, 06:00 AM
Filed Under: Apparel

Sallyport Commercial Finance provided critical financing to an established business providing sportswear accessories to consumers and major retailers in the US, Canada, and Australia. The credit facility will enable the business to continue to service their existing customers and help grow market share. 

“This is a well-known brand in the extreme sport industry and I’m excited to be part of their expansion. Due to COVID and the declining retail sector, the company had to adapt, seeking a working capital solution to help them rebuild and refocus how they go to market. Partnering with trusted inventory lender, Sallyport was able to structure a flexible line of credit in spite of the current environment.”  stated Wade Concienne, VP of Sales.

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