Making Moves in Hawaii - Logistics Business Secures $1.25M
September 3, 2024
Sallyport Commercial Finance is thrilled to announce the successful funding of $1,250,000 in Accounts Receivable (AR) financing for a transportation and logistics company based in Hawaii. This essential business, a key player in Hawaii's logistics market, initially sought funding to consolidate high-interest, Merchant Cash Advance (MCA) debt that had accumulated over time. With our new funding, the company is not only able to streamline its financial obligations but is also poised for growth with more predictable cash flow and additional working capital.
Dean Winter, Business Development Executive at Sallyport Commercial Finance, is looking forward to seeing the business thrive...
"We’re excited to support a key player in Hawaii’s logistics market with the funding they need to maintain predictable cash flow. This company, essential to the industry, is using our support to fuel their ambitious growth initiatives. We’re proud to partner with them on their journey to continued success.”
After considering multiple lenders, the company chose Sallyport due to our professionalism and transparent process. Their business consultant strongly recommended Sallyport after our team provided a straightforward and creative solution that met all of the client's needs. Our tailored funding structure ensured that the company could focus on its long-term goals of expanding logistics and transportation services across Hawaii, enhancing efficiency and reliability in their operations.
As the company continues to grow, Sallyport is proud to be a part of their success, providing the financial support needed to navigate the dynamic demands of the industry. We look forward to a lasting partnership as they expand their reach throughout the Hawaiian islands.
Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on providing