SouthStar Capital funded a working capital facility for a start-up staffing agency. The $250,000 facility is secured by receivables from established B2B clients and is structured to align with the agency’s weekly billing and payroll cycles. It provides immediate access to working capital, enabling the agency to meet payroll obligations, take on new clients and maintain smooth operations.
“With this funding in place, the company is able to scale confidently and expand into additional large markets, such as Chicago and Atlanta,” Scott Norris of SouthStar Capital said. “We’re proud to provide the liquidity and flexibility needed to support their growth and help them deliver workforce solutions to more clients.”
