SouthStar Capital closed a $750,000 accounts receivable financing facility for a Northeast-based home healthcare services company.
Experiencing steady growth and increasing demand for its services, the company sought additional working capital to support ongoing operations, payroll obligations and future expansion opportunities. SouthStar Capital structured a $750,000 accounts receivable financing facility designed to improve cash flow and provide access to working capital as invoices are generated.
The financing solution allows the company to accelerate cash flow tied up in outstanding receivables, providing greater financial flexibility to support continued growth while maintaining a high level of service for its patients and partners.
