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Sallyport Provides $500,000 Financing for Oilfield Services Company

September 13, 2022, 06:00 AM
Filed Under: Oil & Gas

Sallyport announcedd a $500,000 financing for an oilfield services company offering saltwater disposal services in the field.

The client contacted Sallyport directly as they were struggling with their receivables collections and needed to utilize our expertise in Accounts Receivable management whilst using the influx of working capital to cover their payroll expenses. Now that they have the support of a complementary financial partner, they will concentrate on expanding their US business.

Sallyport were the partner of choice essentially because the client recognized how invested we are in our clients and genuinely care about their continued success.

Anne Mask, Inside Sales Manager is delighted that we’re able to not only finance the client but provide them with essential operational support they need to grow saying,  “We are excited to support the growth of this company and help them with their back office operations including the smoothing out of their collection processes.”

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