Sallyport Commercial Finance supported the launch of a new AI-driven integrated distribution and wholesale business with a $1,000,000 accounts receivable facility.

A spin-off venture from a long-time client, this new endeavor was created to bring an innovative, integrated product offering to market. With growth ambitions set on a future IPO, the client required a funding partner that could not only deliver working capital but also provide the long-term runway needed to support rapid expansion. With no incumbent involved, Sallyport worked directly with our existing client to get this new business off the ground - fast. 

Our ability to understand the vision, move quickly, and provide flexible funding was key in enabling the launch. “It’s rare to be involved with clients that will become truly transformative in their sector. When that happens, Sallyport is proud to be a part of their story and success,” said Nick Hart, President, Sallyport Commercial Finance. "This marks the second company funded in partnership with our valued client, and we’re honored to play a part in building another exciting, future-focused business."