Sallyport Commercial Finance to announce the funding of a $10,000,000 accounts receivable facility for a seasoned third-party logistics provider.

Commercial Finance Partners, 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 their business, and focus on reversing recent losses and rebuilding for long-term growth.