Sallyport Commercial Finance is proud to announce the funding of a $10 million Accounts Receivable facility for a seasoned third-party logistics provider.

The client faced a pivotal moment, needing to repay obligations to its existing senior lender while injecting fresh working capital to stabilize operations. Referred to us by Marcus Ferrari of Commercial Finance Partners and partnering with a trusted SBA lender, we were able to deliver a seamless funding package.

Commercial Finance Partners, led by Ferrari, stayed engaged with the client for over a year, providing steady guidance through challenges with their existing bank and supporting the involvement of a turnaround advisor. When the time came to both repay the senior lender and secure fresh working capital, CFP took the lead in structuring a practical solution. By introducing a conventional lending partner and working closely with Sallyport, the team delivered a well-rounded funding package - retiring the senior debt in full and injecting more than $2 million in new working capital to help stabilize operations and support future growth.

The client, who has operated successfully for many years, now has the capital needed to repay obligations, stabilize its business and focus on reversing recent losses and rebuilding for long-term growth.

“At Sallyport, our priority is always the client. When the client needed a fast, flexible solution, we moved quickly, collaborating closely with the referral source, the equipment lender and the clients’ finance team to deliver a seamless funding package. It was a true team effort and we’re proud to have played a role in supporting their turnaround and future growth,” said Calum Williamson, NAM Sales Manager.

“I couldn’t be prouder of the Sallyport team for the way they rallied to get this deal across the line. Their speed, adaptability and commitment to collaboration - especially under tight timelines, are exactly what sets us apart. This was a complex transaction, and the team’s ability to deliver a solution that truly supports the client’s future is a testament to their dedication and expertise," said Nick Hart, Sallyport President.