SouthStar Capital closed a $750,000 accounts receivable financing facility for a building materials supplier serving contractors and builders across the Southeast.
Led by an owner with more than 20 years of industry experience, the company supplies specialty lumber, millwork, panels and steel to support active construction projects. As order volume increased, the business faced the challenge of funding materials upfront while operating under limited supplier payment terms and short lead times of approximately one week.
SouthStar Capital structured an accounts receivable financing facility to provide liquidity against outstanding invoices, enabling the company to meet supplier flexible structure also allows for potential payment assurance arrangements as obligations, fulfill incoming purchase orders and maintain consistent operations. The supplier relationships continue to evolve.
This financing positions the company to support ongoing contractor demand and continue expanding within the construction materials market.
