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Sallyport Commercial Finance Announces $750,000 Factoring Facility

December 18, 2024, 06:52 AM
Filed Under: Industry News

Sallyport Commercial Finance announced a $750,000 factoring facility for a growing client in the disposal services industry. The client offers a comprehensive range of waste management and recycling solutions in the multi-residential space.

The client faced increasing cash flow challenges that were beginning to strain its accounts payable. The funding will provide much-needed working capital to cover day-to-day operations, ensuring smooth business continuity as it focuses on its long-term goal of expanding both provincially and nationwide.

Sallyport’s ability to act with speed and flexibility played a key role in securing this partnership. Unlike traditional funding options, Sallyport was able to fund the deal within two weeks—a testament to the company's client-first approach and commitment to delivering solutions when they matter most.

"From client engagement, we were able to fund this deal fairly quickly within 2 weeks. A true testament to our speed and flexibility." said Dan Millar, VP of Sallyport.







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