SouthStar Capital closed a combined purchase order and accounts receivable financing facility for a medical products distributor serving customers throughout the United States.
The company secured a significant purchase order that required additional working capital to fund inventory production with an overseas manufacturer and support order fulfillment. SouthStar Capital structured a combined purchase order and accounts receivable financing facility designed to bridge the gap between supplier payment requirements and customer payment cycles.
The financing solution provides funding for supplier deposits, production costs and receivables generated throughout the transaction, providing the financial flexibility needed to support production and timely delivery.
The facility positions the company to continue expanding operations while maintaining the working capital needed to support future transactions.
