Sallyport Commercial Finance

Sallyport Commercial Finance is an independently owned and operated factoring company in Houston, TX. Sallyport offers a full-range of customized financial products including accounts receivable financing, international factoring, asset based lending and purchase order financing.

Sallyport Commercial Finance was formed to serve clients across the United States from its headquarters in Houston, Texas. We provide oil and gas factoring services in all the major energy locations in the US. We've worked in East and West Texas, North Dakota, Pennsylvania, Ohio, Northeast US and Western US.

Sallyport offers these invoice factoring benefits:

  • Confidential factoring available
  • Domestic & export receivables financing
  • Advance rates up to 90%
  • Funding facilities from $100,000 to $10 million

We fund invoices for customers that are both domestically and internationally based, subject to credit worthiness and some due diligence. We have experience in all the major trading and commerce centers in the US, as well as having worked globally.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
Yes
Online Reporting:
Yes
Non-recourse Factoring:
Yes

Terms of Service:

Application and Start-up Fees:
$500 due diligence fee.
Contract Length:
Usually 1 year.
Cancellation Fee:
No cancellation fees for returning to referral source, otherwise 5% of facility size for early termination.
Monthly Minimum:
No.
Factor All Invoices:
Yes.
Reserve Availability:
Immediately after the invoice is paid.
Additional Fees:
Wire $35, ACH $10, Lockbox fee $50/mo, UCC monitoring fee $100/mo
Nick Hart of Sallyport Commercial Finance
Nick Hart
President
832-939-9450

General Information:

Year Founded:
2014
No. Employees:
2-10
Associations:
IFA
Address:
14100 Southwest FWY, Houston, TX

Financial Information:

Minimum Credit Facility ($):
100,000
Maximum Credit Facility ($):
10,000,000
Advance Rate (%):
80-90%
Other Types of Financing:
Asset Based Lending, PO Financing, Cash Flow Loans
14100 Southwest FWY, Houston, TX