SouthStar Capital funded a $250,000 accounts receivable financing facility for a growing telecommunications services company. A new contract with a regional broadband provider operating on extended payment terms created a need for additional working capital to support ongoing payroll and day-to-day operations.
SouthStar Capital structured a $250,000 accounts receivable facility to provide immediate access to cash flow tied to outstanding invoices, allowing the company to maintain operational stability while continuing to grow.
“Extended payment cycles can strain even well-run businesses,” Scott Norris, portfolio manager at SouthStar Capital, said. “This facility gives the client the flexibility they need to support growth without disrupting operations.”
The new financing positions the company to continue expanding its workforce and executing new contracts with confidence.
