SouthStar Capital closed a $750,000 accounts receivable financing facility for a Texas-based environmental materials company supporting large-scale heavy civil construction projects throughout the region.
As the business secured additional opportunities and expanded operations, it required increased working capital to support production, transportation costs, payroll and ongoing operational expenses tied to a large-scale material supply contract.
SouthStar Capital structured a $750,000 accounts receivable financing facility designed to provide flexible access to working capital as the company fulfills a 50,000-ton material order for a major heavy civil construction customer. The facility allows the company to maintain steady cash flow while continuing to support growth and increasing project demand.
With this financing in place, the company is positioned to continue scaling operations and supporting infrastructure and construction projects throughout the Texas market.
