Northrim BanCorp Acquires Sallyport Commercial Finance

Northrim BanCorp, the parent company of Anchorage-based Northrim Bank, is adding Texas-based Sallyport Commercial Finance to its corporate umbrella. Sallyport, valued at approximately $53.9 million, is a leading provider of factoring, asset based lending, and alternative working capital solutions to small and medium sized enterprises in the United States and Canada.

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