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News Stories (58 Results) - Sallyport Commercial Finance

Sallyport Commercial Finance provided a $7.0 mm Accounts Receivable Financing Facility to a supplier of high-efficiency solar panels. The client had a choice between a lower priced bank line with limitations or a more flexible facility from Sallyport... view press release
March 25, 2021, 06:00 AM


Sallyport added Alexandra Scoggin to the company's business development team. Scoggin possesses more than 15 years of experience in factoring and asset-based lending.  Scoggin previously served as Vice President of Business Development at Goodman... view press release
February 23, 2021, 06:00 AM


Sallyport Commercial Finance provided a $500,000 Accounts Receivable Financing Facility to support a growing distributor of flooring products. Partnering with their existing inventory lender, Sallyport was able to free up working capital and provide... view press release
February 01, 2021, 07:11 AM


Sallyport Commercial Finance provided a $4 million Accounts Receivable Financing Facility to a sponsor backed metal components company. The client had their supply-chain deeply affected by COVID-19 and as a result, needed a financing partner to help... view press release
January 08, 2021, 07:50 AM


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... view press release
December 29, 2020, 07:00 AM


Sallyport Commercial Finance provided financing to an apparel company that was hit hard when major retailers started to cancel orders due to the COVID pandemic. This new credit facility coupled with a seasonal inventory lender will provide the needed... view press release
December 01, 2020, 07:00 AM


Sallyport Commercial Finance provides needed working capital for staffing firm servicing the oil and gas sector.  The business found itself without a credit facility and abandoned when their current lender decided to exit out of energy.  Taking the... view press release
October 21, 2020, 09:05 AM


Sallyport Commercial Finance helps a service provider in the oil and gas sector meet critical time lines to meet payroll.  The business found itself short on funds as they tapped out their PPP funding and scrambled to cover payroll.  In less than a... view press release
October 16, 2020, 07:00 AM


Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company specializing in the distribution of specialty piping materials.“Having started the conversation with the business owner in early February, things slowed down... view press release
September 15, 2020, 09:10 AM


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... view press release
August 27, 2020, 06:00 AM


Sallyport Commercial Finance arranges a $2,000,000 Accounts Receivable facility including a $500,000 Cash Flow Loan to a company that provides due diligence and document management solutions.“Listening and understanding our entrepreneurs needs and... view press release
June 25, 2020, 09:10 AM


Sallyport Commercial Finance arranged a $3,000,000 Accounts Receivable facility for a national distributor of gaming and consumer electronics.  Due to the COVID-19 pandemic, the business has expanded their products to include personal protective... view press release
June 12, 2020, 09:10 AM


Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable facility, including a $500,000 Cash Flow Loan to a company that provides a complete range of traffic control services for their customers.“When we connected with this traffic and... view press release
April 17, 2020, 09:10 AM


Sallyport Commercial Finance supplies a $1,300,000 Accounts Receivable facility to a wholesale distributor of plants and flowers.The company needed additional working capital to fulfill large orders. They were referred to Sallyport by a broker who... view press release
February 14, 2020, 09:15 AM


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... view press release
January 17, 2020, 08:55 AM


Sallyport Commercial Finance arranges a $8,500,000 Accounts Receivable facility to an established construction supply company serving North Texas.This Entrepreneurial business had enjoyed rapid growth and success for over 20 years when a strategic... view press release
December 19, 2019, 08:55 AM


Sallyport Commercial Finance provided a $500,000 Accounts Receivable facility to a company that specializes in servicing, maintaining and repairing generators.Having prior experience in the generator industry has allowed this newly-formed company to... view press release
October 30, 2019, 09:00 AM


Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable Facility to a company that specializes in engineering design and inspections.With increased demand for inspection services, the company needed additional working capital to fuel... view press release
October 03, 2019, 08:45 AM


Sallyport Commercial Finance closed a $250,000 Accounts Receivable facility for a staffing agency focused on home care delivery.Established in 2016, this staffing company identified a need in the market for skilled nursing services for hospitals and... view press release
August 29, 2019, 08:00 AM


Sallyport Commercial Finance delivered a $500,000 Accounts Receivable facility to a construction clean up company.A local business consultant was working closely with an owner who had difficulty staying current with his suppliers. The company... view press release
August 15, 2019, 09:00 AM


Sallyport Commercial Finance extended a $1,000,000 Accounts Receivable facility to an industrial machining company targeting the aerospace and commercial sectors in the Pacific Northwest.  The business is currently in a turnaround situation that... view press release
August 07, 2019, 09:00 AM


This summer, Sallyport Commercial Finance wanted to give back to our heroic men and women of the Armed Forces who are serving this Nation overseas. Sallyport’s employees partnered with Houston’s Blue Star Mothers of America to donate and fill care... view press release
July 31, 2019, 08:00 AM


Sallyport Commercial Finance provided a $2,000,000 Accounts Receivable facility to a business that operates in the Oil and Gas sector hauling waste water from oil wells and then disposing the waste water in their disposal sites.As part of an... view press release
July 17, 2019, 08:30 AM


Sallyport Commercial Finance provided a $1,250,000 Accounts Receivable facility to a company that delivers a variety of mechanical, electrical and fire protection engineering services to various businesses nationwide.The business operates in the... view press release
July 03, 2019, 08:30 AM


Sallyport extended a $1,800,000 Accounts Receivable facility to a specialty service and land acquisition company that caters to the energy sector.  An entrepreneurial minded business owner decided to separate from his partners to take advantage of... view press release
June 06, 2019, 09:00 AM


Sallyport Commercial Finance closed a $2,000,000 Accounts Receivable facility to a UK incorporated staffing and recruitment company wishing to launch in the United States.An established staffing firm from the United Kingdom had successfully... view press release
May 31, 2019, 09:00 AM


Sallyport Commercial Finance helped an existing client expand by offering a $750,000 Accounts Receivable Facility to a newly formed woman-owned business so they can move into new markets.As a minority owned business, they now have the opportunity to... view press release
May 24, 2019, 09:00 AM


Sallyport Commercial Finance provided a $400,000 Accounts Receivable facility to a trucking company that specializes in carrying a variety of steel products such as rebar, plate steel, formed steel, coil and pipes.  In addition to hauling steel, the... view press release
March 20, 2019, 08:00 AM


Sallyport Commercial Finance provides a $500,000 Accounts Receivable facility to a company that develops, designs and manufactures tools for minimally invasive endoscopic surgeries.   Founded in 2012, this company currently develops and markets FDA... view press release
February 28, 2019, 08:00 AM


Sallyport Commercial Finance provided a $1,250,000 accounts receivable facility to a manufacturing company producing control panels utilized by industries ranging from nuclear power plants to outdoor barbecues.  With more than 40 years of experience... view press release
February 20, 2019, 08:00 AM


Sallyport Commercial Finance provided a $2,000,000 accounts receivable facility to a sophisticated metal fabrication company serving domestic and international OEM manufacturers.With a 35-year history, this company has found success by providing... view press release
December 20, 2018, 07:30 AM


Sallyport Commercial Finance arranges a $14,500,000 million-dollar package, including an Accounts Receivable facility, Purchase Order facility and Inventory facility to a company that manufactures broadband communication products.Founded in 1997 and... view press release
December 17, 2018, 09:00 AM


Sallyport Commercial Finance offers a $2,000,000 Accounts Receivable facility to a new start oil and gas service company specializing in downhole work, tank cleaning and line finding. The owner is a seasoned and serial entrepreneur with more than 30... view press release
November 05, 2018, 07:30 AM


Sallyport Commercial Finance provided a $2,500,000 Accounts Receivable facility to a health services provider that focuses on comprehensive occupational screening and drug testing.  With a wealth of experience and a grasp on the latest technology... view press release
September 04, 2018, 07:00 AM


Sallyport Commercial Finance Provided a $1,500,000 Accounts Receivable Facility to a company that manufactures accessories and software such as PC games and interactive toys.“I’m very pleased that our newest client is once again working with our team... view press release
August 06, 2018, 08:00 AM


Sallyport Commercial Finance expanded its Underwriting department by hiring William Garcia as Underwriting Analyst.William Garcia born in Southern California, holds a (BS) in Finance from California State University, Chico.  He brings experience from... view press release
July 23, 2018, 07:00 AM


Sallyport Commercial Finance provided a $2,000,000 Accounts Receivable Facility to a new company that specializes in diverse product offerings from food related ingredients to oilfield chemicals.“It is a great pleasure to work with an entrepreneur... view press release
July 09, 2018, 07:00 AM


Sallyport Commercial Finance provided a $5,000,000 Accounts Receivable facility to a staffing company that offers expertise to onshore land based and marine applications.Established in 2018, this newly formed company was introduced to Sallyport by an... view press release
June 18, 2018, 08:00 AM


Sallyport Commercial Finance Provided a $3,500,000 Accounts Receivable facility to an importer of hardwood flooring whose product is sourced from a variety of locations around the world.  Established in 2005, the company sells a wide range of wood... view press release
June 04, 2018, 07:00 AM


Sallyport Commercial Finance provides a $2,000,000 Accounts Receivable facility to a strategic casino and gaming marketing firm. Family owned and operated, the company has seen tremendous growth and opportunity by partnering with hundreds of casinos... view press release
April 30, 2018, 07:00 AM


Sallyport Commercial Finance provided a $1,500,000 Accounts Receivable credit facility in conjunction with another industry lender to an Innovative Shipping Solutions company. This business provides integrated Shipping Solutions allowing their... view press release
April 09, 2018, 08:00 AM


Sallyport Commercial Finance provided a $7,000,000 Accounts Receivable credit facility to a company that develops outdoor cooling products to manage hot weather conditions.Founded by a group of army veterans, this business provides commercial grade... view press release
March 26, 2018, 07:00 AM


Sallyport Commercial Finance provided a $10,000,000 AR Bulk ABL Facility to a provider of market leading technology in the oilfield industry.The company was seeking traditional bank financing, but when declined under time sensitive circumstances... view press release
February 12, 2018, 08:00 AM


Sallyport Commercial Finance provided a $2 million-dollar Debtor-In- Possession facility to a company focused on the design and manufacture of ladies and children’s shoes.Founded in 2009, a second-generation shoe designer leads this family business... view press release
October 16, 2017, 08:00 AM


Sallyport Commercial Finance provided a $6 million-dollar Accounts Receivable Facility to a company that provides Products, Sales/Distribution and Services/Support to the Education and Learning Markets.This company aims to expand distribution and... view press release
September 18, 2017, 07:00 AM


Sallyport Commercial Finance recently provided a $3 million Accounts Receivable Facility to the oldest and most recognized North American warmer brand in the outdoor industry.Established in 1980, this company designs, manufactures, packages... view press release
July 17, 2017, 08:00 AM


Sallyport Commercial Finance provided a $1.75 million Accounts Receivable Facility to a company that provides state of the art energy storage solutions to its customers.Founded in 2012 this company provides megawatt-scale energy storage systems for... view press release
June 12, 2017, 08:00 AM


Sallyport Commercial Finance recently provided a $1.5 million accounts receivable facility to a distribution and transportation company that hauls high-grade minerals from a mine owned by a group company, to a well-rated customer base.Sallyport... view press release
April 17, 2017, 07:00 AM


Sallyport Commercial Finance has named Damon Dickens Vice President of Risk and Underwriting, and Ingrid Chen as Senior Account Executive for the firm's West Coast Office Dickens born in Wales, UK, studied Mathematics, Statistics, and Economics (BSc)... view press release
April 10, 2017, 07:00 AM


Sallyport Commercial Finance recently provided a $2 million Accounts Receivable Facility to a seafood distributor who receives seafood daily from local fishing boats and offshore vessels which are then graded, processed and packed in their waterfront... view press release
April 06, 2017, 07:00 AM


February was a record month for Sallyport Commercial Finance, providing facilities totaling $25.2 million. We were able to support businesses across a number of industries and sectors, including a Petroleum Distributor, a Seafood Distributor, a... view press release
March 20, 2017, 07:00 AM


Sallyport Commercial Finance recently provided a $2 million facility including an Inventory and Purchase Order Line to a company who specializes in designing and manufacturing the fold-up ballet flat footwear. Their products include flats and sandals... view press release
March 08, 2017, 08:00 AM


Sallyport Commercial Finance recently financed a company that provides lawn services which encompass irrigation, landscaping and maintenance to house builders. Sallyport provided an accounts receivable facility and a small cash flow loan to repay the... view press release
March 06, 2017, 07:00 AM


Sallyport Commercial Finance announced that Greg Dyson has been named National Sales Manager. Dyson has over 20 years’ experience providing creative finance solutions to growing companies nationwide.Believing in the entrepreneurial spirit and... view press release
March 03, 2017, 07:40 AM


Sallyport Commercial Finance named Greg Dyson as National Sales Manager. Dyson has over 20 years’ experience providing creative finance solutions to growing companies nationwide.Believing in the entrepreneurial spirit and focusing on the needs of the... view press release
February 27, 2017, 07:35 AM


Sallyport Commercial Finance announced it has recently provided a $10 million Accounts Receivable Finance facility including a tailored $1.5MM Purchase Order Finance Line to a New York-based Apparel business.  For over 20 years our new client has... view press release
December 12, 2016, 07:44 AM


Sallyport Commercial Finance, LLC, closed three apparel deals in two days in October, totaling $11.5 million. All three companies have their own unique brands and are located across the breadth of the United States from California, to Massachusetts... view press release
November 15, 2016, 07:32 AM


Banjo & Matilda, Inc., an emerging Australian fashion lifestyle brand announced that it has entered into a $1.5 million trade facility with Sallyport Commercial Finance, a factoring and asset-based lending company. Banjo & Matilda will be able to... view press release
August 28, 2014, 07:31 AM