This deal was referred to SouthStar by an existing client and structured to support the company’s renewed growth and expanding working capital needs.
The business, which specializes in concrete flooring maintenance, surfacing and polishing, primarily services large commercial and industrial spaces such as national retail distribution centers. With demand for warehouse flooring projects accelerating, the company needed a dependable source of liquidity to cover payroll, purchase materials, and keep operations moving.
Although the company has operated for over 15 years, it remained largely inactive while the owner pursued other consulting ventures. Now experiencing a strong resurgence, the business turned to SouthStar for a more robust solution. The customized $500,000 accounts receivable facility delivers immediate access to capital through eligible receivables, empowering the company to take on larger contracts, support vendor relationships, and continue scaling with confidence.
