Sallyport Commercial Finance

What Sallyport Commercial Finance does

Sallyport Commercial Finance is a Texas-based alternative lender providing working capital to small and medium enterprises across the United States and Canada. The company offers a stack of financing products — invoice factoring, accounts receivable financing, asset-based lending, cash flow loans, purchase order financing, inventory financing, and machinery & equipment financing — and layers on full-service accounts receivable administration including credit checking, risk management, collections, and supply-chain decision support. Funded facilities range from approximately $150,000 (startups) to multi-million dollar commitments (mid-market and PE-backed companies), with funding targeted within 7-10 days of application and online offers delivered within 24 hours.

The company's go-to-market combines direct telephone-based inside sales, an online application portal, and a broker/referral channel serving borrowers that typically cannot access traditional bank financing. Customer breadth spans nine disclosed verticals including Manufacturing, Oil & Gas, Apparel & Accessories, Renewable Energy, Food & Beverage, Staffing Services, High-Tech & IT, Professional Services, and Wholesale/Distribution. Sallyport maintains a California Finance Lenders Law License (#60DBO44772) for its US lending activity and operates cross-border via a Canadian regional office in Mississauga, Ontario.

On October 31, 2024, Sallyport was acquired by Northrim BanCorp, Inc. (NASDAQ:NRIM) for approximately $53.9 million in an all-cash transaction expected to lift Northrim's 2025 earnings by 15%. Following the transaction, Sallyport operates as a wholly-owned subsidiary, retaining its product portfolio and direct customer relationships while gaining access to a regulated bank balance sheet that materially expands its capacity to underwrite larger and longer-tenor facilities.

Name

Sallyport Commercial Finance

Legal name

Sallyport Commercial Finance, LLC

Website

https://sallyportcf.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Sallyport Commercial Finance provides invoice factoring, accounts receivable financing, asset-based lending, cash flow loans, purchase order financing, and equipment financing to small and medium enterprises across the United States and Canada that cannot access traditional bank credit, operating as a subsidiary of Northrim BanCorp.

Ownership category

akta.pro rank

Product category

Commercial Finance / Working Capital Lending

NAICS

Sales Financing (522220)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Invoice Factoring & Receivables Finance Brokerage (FSAEAEAO)

akta.pro secondary industries

Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE), Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)

Keywords

• Invoice factoring
• Accounts receivable financing
• Asset-based lending
• Cash flow loans
• Purchase order financing

Headquarters

HQ city

Sugar Land

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Invoice Factoring: Companies sell their accounts receivables/invoices to Sallyport for immediate cash. Sallyport charges factoring fees and provides immediate advance payment minus reserve held until customer payment.
2. Accounts Receivable Financing: AR financing facilities provide working capital against outstanding receivables, structured alongside or without senior lenders.
3. Asset-Based Lending: Loans secured by business assets including inventory, equipment, and receivables for working capital and growth financing.
4. Purchase Order Financing: Financing to cover costs when fulfilling large purchase orders, bridging gap between order placement and delivery/payment.
5. Cash Flow Loans: Working capital loans to address cash flow gaps and support business operations and growth.
6. Inventory Financing: Financing against inventory assets to free up working capital tied in stock.
7. Machinery & Equipment Financing: Financing for acquisition of machinery and equipment to support business operations and manufacturing capabilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Sallyport Commercial Finance provides customized and reliable asset-based lending, cash flow loans, and acquisition finance services to small and medium enterprises across North America. Its core offering centers on invoice factoring and accounts receivable financing, where companies sell or borrow against their outstanding invoices to obtain immediate working capital, typically funded within 7 to 10 days. The company also delivers purchase order, inventory, machinery & equipment, and cash flow financing to address working capital gaps for entrepreneurial business owners.

Product overview

Sallyport Commercial Finance is a provider of financial solutions to small and medium enterprises in the US and Canada. The company offers a unified working capital platform centered around accounts receivable financing and factoring services, supplemented by asset-based lending, cash flow loans, purchase order financing, inventory financing, and machinery & equipment financing. All products are designed to help entrepreneurs access capital quickly, with funding available in 7-10 days, and are accessible through online applications with 24-hour offer turnaround.

Differentiator

Problem solved

Functional benefit

Products and services

• Invoice Factoring

Quantifiable outcome

• Funding available in as little as 7 to 10 days
• +1 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Riviera Finance: Long-standing non-bank commercial finance firm offering factoring and asset-based lending to small and mid-market businesses across North America, similar to Sallyport's core SME focus.
• White Oak Commercial Finance: Non-bank lender offering asset-based lending, factoring, and working capital financing to middle-market and small businesses, closely aligned with Sallyport's ABL-led product strategy.
• Triumph Business Capital: Provider of factoring, ABL, and working capital solutions to SMBs and middle-market companies. Closely comparable in product offering and target borrower to Sallyport.
• eCapital: Tech-enabled commercial finance firm providing factoring, ABL, and working capital solutions to SMBs and middle-market companies, overlapping with Sallyport's full suite of products.
• TCI Business Capital: Non-bank commercial finance company offering factoring and asset-based lending to SMBs across the US and Canada. Directly comparable cross-border footprint and product mix.
• BlueVine: Online fintech offering invoice factoring and lines of credit to SMBs, including factoring alongside working capital products. Directly competes with Sallyport's AR financing and online application experience.
• AltLine (Republic Business Credit): A subsidiary of Republic Business Credit providing invoice factoring and asset-based lending to small and middle-market businesses in the US. Directly comparable product set, customer profile, and risk appetite to Sallyport.

Emerging players

• Fundbox: Digital SMB financing platform offering lines of credit and invoice financing. Overlaps with Sallyport's online application and 24-hour offer experience, though Fundbox skews more tech/PLG-native.

Broad incumbents

• Northrim Bank: Alaska-based commercial bank that acquired Sallyport in 2024. While not a pure peer pre-acquisition, it now owns and operates Sallyport as its commercial finance subsidiary and represents the bank-side perspective of the integrated platform.
• Citizens Bank (Commercial Banking): Large commercial bank offering working capital, ABL, and treasury solutions to middle-market and SME clients. Broader incumbent that competes with Sallyport on larger ticket transactions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sallyportcf
• Facebookfacebook.com/sallyportcf

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sallyport Commercial Finance