SouthStar Capital completed the funding of a $500,000 invoice factoring facility for an expanding services company supporting both technology and energy-related operations.
As activity expanded and contract volume increased, the company required additional working capital to keep pace with ongoing operating expenses.
SouthStar Capital provided a flexible invoice factoring solution that allows the company to access cash tied to outstanding receivables. The facility was structured to improve liquidity and support day-to-day operations while the business continues to pursue new contracts.
“Our goal was to give the client reliable access to cash flow so they can stay focused on running and growing their business,” Michael Haddad, president of SouthStar Capital, said.
The new financing positions the company to maintain momentum, strengthen operational stability and continue expanding its customer base.
