SouthStar Capital recently completed three strategic financing transactions totaling $4.35 million, demonstrating the firm’s ability to deliver customized working capital solutions across diverse industry sectors.
The largest transaction involved a $4 million Accounts Receivable facility for a second-generation, family-run manufacturing company serving the aggregate, sawmill, and asphalt industries since the 1980s. With rising demand and expansion goals, the manufacturer required increased working capital to maintain operational momentum. SouthStar’s A/R facility provided the financial flexibility needed to manage cash flow effectively while ensuring timely service delivery across key markets.
In the staffing sector, SouthStar Capital provided a $100,000 Accounts Receivable facility to stabilize operations for a newly established staffing company. The business was spun off from a successful medical staffing operation that thrived during the COVID-19 pandemic but faced challenges as demand normalized. The financing enabled smooth employee and contract transfers while maintaining uninterrupted service delivery during the transition.
The third transaction involved $250,000 in Purchase Order financing for a North Carolina startup securing its first major government contract with a local municipality. The company needed upfront capital to procure and deliver new vehicles to the city. SouthStar’s P/O financing allowed the startup to fulfill the contract on schedule, achieve a 14% gross margin, and establish credibility for future government contracting opportunities.
SouthStar Capital, LLC is a nationwide commercial finance company with a 17-year track record providing comprehensive working capital solutions, including Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Equipment Leasing, Government Contracting, Invoice Factoring, and Payroll Funding.
