TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
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SFNet's Inaugural YoPro Leadership Summit
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
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Potential Impacts of Blockchain on Commercial Lending
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
October 24, 2024
Source: Sallyport Commercial Finance
Sallyport Commercial Finance is proud to announce the successful funding of $500,000 in accounts receivable finance for a staffing firm whose parent company is an existing client.
The client, referred by Sallyport's account executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their payroll obligations and drive business growth as they break into a new sector.
The company's parent company is based in the UK so Sallyport’s cross-border capabilities and dedication to outstanding client service provided a seamless solution, leading the company to choose us as their funding partner.
“We started helping this UK-owned group back in 2019, and they have continued to grow and set up other successful divisions," said Olivia Hudson from Sallyport. "Our cross-border and international capability, along with outstanding client service, has ensured we have retained the relationship and helped them to grow the group.”
The client commented, “Our wider group has partnered with SCF for several years now. Sallyport consistently provides exceptional customer service and takes the time to truly understand your business. They offer support in many scenarios where others may not. We are happy to be expanding our relationship with SCF." - Christopher Owen, Director
The $500,000 funding will be utilized primarily for wages and payroll, laying the foundation for future expansion into the renewable energy sector, a key focus for the company’s long-term growth strategy.
Sallyport Commercial Finance is excited to continue supporting this client as they expand their business and explore new industry opportunities.
Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams. Sallyport Commercial Finance offers a full suite of factoring and asset based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.
The client, referred by Sallyport's account executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their payroll obligations and drive business growth as they break into a new sector.
The company's parent company is based in the UK so Sallyport’s cross-border capabilities and dedication to outstanding client service provided a seamless solution, leading the company to choose us as their funding partner.
“We started helping this UK-owned group back in 2019, and they have continued to grow and set up other successful divisions," said Olivia Hudson from Sallyport. "Our cross-border and international capability, along with outstanding client service, has ensured we have retained the relationship and helped them to grow the group.”
The client commented, “Our wider group has partnered with SCF for several years now. Sallyport consistently provides exceptional customer service and takes the time to truly understand your business. They offer support in many scenarios where others may not. We are happy to be expanding our relationship with SCF." - Christopher Owen, Director
The $500,000 funding will be utilized primarily for wages and payroll, laying the foundation for future expansion into the renewable energy sector, a key focus for the company’s long-term growth strategy.
Sallyport Commercial Finance is excited to continue supporting this client as they expand their business and explore new industry opportunities.
Sallyport Commercial Finance is an independently owned and operated specialty finance company focused on providing entrepreneurs with working capital solutions for small to medium sized businesses, to help drive growth and achieve business hopes and dreams. Sallyport Commercial Finance offers a full suite of factoring and asset based products including Accounts Receivable Finance, Purchase Order Finance, Equipment and Inventory Finance, Cash Flow Loans, and Real Estate Loans. Very experienced in all industries, our current portfolio includes businesses in Staffing, Energy, Food & Beverage, Apparel, Manufacturing, Service Industry, Transportation, Government Receivables, and IT.