SouthStar Capital funded a $150,000 purchase order financing facility for a startup government contracting firm specializing in the delivery, integration and support of physical security systems for federal agencies. With demand for its services on the rise, the business faced a common challenge — covering upfront supplier and production costs while waiting on extended government payment terms.
SouthStar Capital structured a $150,000 purchase order financing facility tailored to its contracting model. The facility provided the immediate working capital needed to execute on purchase orders, maintain supplier relationships and meet project timelines.
“SouthStar has proven its ability to deliver funding solutions in the government sector, fully compliant with FAR regulations and responsive to client timelines,” Jon Shane, vice president of broker relations at SouthStar Capital, said. “Equally important, this reflects our dedication to empowering startups and small businesses with the resources they need to grow and scale with confidence.”
