Sallyport Commercial Finance provided a $500,000 Accounts Receivable facility to an industrial safety firm providing essential medical and rescue services to the oil and gas industry. The business owner was seeking a financing partner that would help him manage the newly awarded contract with his customers and provide assurances to cover payroll. Working with their financial consultant, Sallyport was successful in structuring a solution that will provide the business fresh working capital needed for continued success and positive growth.      

“This deal was a great win as we worked with the incumbent bank to produce a repayment plan that ensured our new cash was left in the business, stated Calum Williamson, Managing Director.