Sallyport Provides $500K Combined Line of AR Financing for Painting Contractor

March 18, 2025 - Sallyport Commercial Finance is delighted to announce the provision of a $500,000 combined line of Accounts Receivable financing to a distinguished painting and drywall contractor. This strategic fundings solution empowers our client to confidently undertake larger commercial projects by ensuring seamless cash flow, which covers essential expenses such as payroll and supplier payments.

The client, referred to us by a Canadian FinTech lender, sought additional capital to expand their capacity and serve more commercial accounts. Our responsiveness, flexibility, and deep understandingof their growth challenges positioned us as the ideal financial partner.

Reflecting on this collaboration, Patrick Zazueta, Sallyport VP stated,

"Our capital will allow the business to grow exponentially by leveraging their accounts receivable and supplementing their internal cash flow."

At Sallyport, we are committed to fueling the growth aspirations of businesses by providing tailored financial solutions that transform challenges into opportunities. We’re excited to see this ambitious Canadian business reach their potential!

Sallyport Commercial Finance is an independently 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.