Member Update
NEW MEMBER | Sallyport Commercial Finance Ltd
11 November 2024 • Sarah Medcraf
We are delighted to welcome Sallyport Commercial Finance to the Chamber network
Hear direct from Sallyport below:
We are an independently owned and operated, leader in commercial finance. Sallyport has operations in the UK, USA and Canada and works with business owners to access the capital they need to grow. We offer a wide range of services based on supporting business cashflow and creating custom-tailored solutions that are as unique as the clients and businesses we work with.
Our experienced group of lending professionals have worked in finance for over 100 years combined and know the commercial finance market well. We have provided working capital solutions to a wide range of businesses from new-starts to multi-million turnover enterprises. We have a deep understanding of many business sectors and can therefore bring our knowledge and experience to help create a solution for your business.
Sallyport offers the full range of Invoice Finance products to improve working capital by financing unpaid invoices for up to 90 days and up to 90% prepayments.
Why choose Sallyport?
Our vision is to grow together with our business partners and clients to help entrepreneurs achieve their hopes and dreams.
- We will listen carefully
- We will do what we say
- We will use our experience to make decisions
- We will take the time to understand our clients
Invoice Factoring
- Full sales ledger management to allow businesses to get on with what they do best
- Credit worthiness of debtors managed
- In some cases, clients can carry out their own credit control
Invoice Discounting
- Like factoring, Invoice Discounting provides instant access to cash tied up in outstanding invoices
- With invoice Discounting, clients manager their sales ledger in full
Additional Services
- Export debtors funded subject to suitable credit checks and documentation
- Bad Debt Protection can be added for credit worthy debtors
- Both services can be offered on a confidential basis
How does it work?
Instead of waiting for debtors settling invoices in 60-90 days, unlock the cash tied up in the sales ledger by using an Invoice Finance Product. Sallyport can provide up to 90% of the value on the day the invoice is raised.
Target market
- Businesses turning over up to £10m per annum
- Facilities up to £1m
- New starts
- All businesses trading with other businesses on credit terms
- Contractual debt requires further due diligence
T: 01412 866830
W: https://sallyportcf.co.uk/
E: info@sallyportcf.co.uk