SouthStar Capital funded a $500,000 invoice factoring facility for a growing services company operating in both the technology and energy sectors.
The upfront costs of fuel and operations created immediate pressure on cash flow. To ensure the business could scale without interruption, the company required a flexible working capital solution.
SouthStar Capital structured a $500,000 invoice factoring facility designed to support both the IT and energy divisions. Prior to funding, SouthStar worked closely with the client to clear existing UCC filings including a termination and a subordination agreement. The facility advances on eligible receivables, unlocking immediate liquidity and aligning cash flow with the company’s operational needs.
“SouthStar’s ability to move quickly and tailor a facility to our client’s unique business model provided the stability needed to pursue larger opportunities with confidence,” Luis Quinteros, assistant vice president at SouthStar Capital, said.
