SouthStar Capital closed a combined purchase order and accounts receivable financing facility for a logistics company supporting a municipal contract in Florida.
The business recently shifted its focus toward government contracting to pursue more consistent and reliable revenue opportunities. After securing a municipal contract requiring specialized equipment procurement, the company required immediate working capital to purchase the equipment from a domestic supplier prior to delivery and installation.
SouthStar Capital structured a combined purchase order and accounts receivable financing facility to provide the capital needed to procure the equipment and fulfill the contract. The facility bridges the gap between supplier payment requirements and the timing of customer payment, enabling the company to move forward with the project without disruption.
This financing positions the company to successfully complete the contract while strengthening its ability to pursue additional government contracting opportunities in the future.
