openPR Logo
Press release

SouthStar Capital Provides $500,000 A/R Financing Facility to Maryland Construction Company

09-26-2024 10:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

SouthStar Capital Provides $500,000 A/R Financing Facility

SouthStar Capital is excited to announce the successful funding of a $500,000 Accounts Receivable (A/R) financing facility to a Maryland-based construction company at a crucial time when the company was facing pressing cash flow challenges that threatened its operational stability and growth prospects.

In the competitive construction industry, maintaining a steady cash flow is vital. The Maryland-based construction firm found itself in a tight spot with $97,734 in open Accounts Receivable and an additional $400,000 in work-in-progress. The strain of managing these financial obligations while pursuing new business opportunities presented a serious challenge.

The company needed immediate funding to bridge the gap and ensure smooth operations. With existing cash flow constraints and financial pressures, the business risked not being able to sustain ongoing projects or capitalize on new growth opportunities.

SouthStar Capital responded to the company's urgent needs by providing a $500,000 A/R financing facility. This solution was designed to transform the company's open Accounts Receivable into immediate cash, eliminating the waiting period for invoice payments. With SouthStar Capital's $500,000 A/R financing facility, the Maryland construction company has successfully navigated its financial hurdles. The tailored financing solution not only addressed immediate cash flow concerns but also paved the way for future growth and operational excellence.

About SouthStar

SouthStar Capital is a nationwide commercial finance company with a 16-year track record of excellence, innovation, and customer satisfaction. We specialize in providing comprehensive, customized working capital solutions, including Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Equipment Leasing, Government Contracting, Invoice Factoring, and Payroll Funding. Our non-traditional approach to funding allows us to cater to a wide range of businesses, from startups seeking growth financing to established companies needing enhanced cash flow.

Reference: https://www.southstarcapital.com/invoice-financing/invoice-factoring-construction-company-cash-flow-growth

For more information, visit southstarcapital.com or contact SouthStar Capital info@southstar.com or (843)-277-6417

Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=southstar-capital-provides-500000-ar-financing-facility-to-maryland-construction-company]
Phone: (843) 800-8339
Address:840 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: http://www.southstarcapital.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release SouthStar Capital Provides $500,000 A/R Financing Facility to Maryland Construction Company here

News-ID: 3669785 • Views:

More Releases from ABNewswire

Las Vegas Artificial Grass Expands Services to Meet Growing Demand for Water-Saving Outdoor Solutions Across the Valley
Las Vegas Artificial Grass Expands Services to Meet Growing Demand for Water-Sav …
Las Vegas Artificial Grass, a locally owned synthetic turf and outdoor design company based in Las Vegas, NV, announces expanded residential and commercial installation services across the Las Vegas valley as Southern Nevada homeowners and businesses increasingly seek water-efficient alternatives to natural grass amid tightening SNWA conservation mandates. LAS VEGAS, NV - February 27, 2026 - Las Vegas Artificial Grass, headquartered at 3080 S Durango Dr Suite 102, Las Vegas, NV
Why Do Emergency Light Batteries Fail and How to Prevent It?
Why Do Emergency Light Batteries Fail and How to Prevent It?
In the world of safety and emergency prep, trusting your Emergency Light Batteries is a big deal. James Carter, who's pretty much a go-to guy on batteries at BrightSafe Solutions, once said, "How well a battery works totally affects how reliable your emergency lights are." Honestly, that's a good reminder just how important these little things really are. Too often, facilities forget about keeping tabs on their Emergency Light Batteries.
EELUCK Smartwatch Draws Massive Crowds & Drives Deep Business Engagement on Day 3 of CES 2026
EELUCK Smartwatch Draws Massive Crowds & Drives Deep Business Engagement on Day …
EELUCK Smartwatch Draws Massive Crowds & Drives Deep Business Engagement on Day 3 of CES 2026 The energy at the EELUCK booth (#35305) reached a new peak on Day 3 of CES 2026! Building on the incredible momentum from the show's opening, our exhibition space at the Las Vegas Convention Center became a central hub for innovation and serious business dialogue. Visitors and industry professionals flocked to experience firsthand the cutting-edge technology
Discover the Innovative Features of Sushi Push Pop Tube Packaging
Discover the Innovative Features of Sushi Push Pop Tube Packaging
Sushi push pop tube Packaging is leading the revolution in sushi packaging with its eco-friendly design and convenient features, allowing consumers to enjoy pop-up sushi rolls anytime, anywhere. This innovative packaging perfectly aligns with the fast-paced modern lifestyle, offering your customers a brand-new sushi experience. With its eco-friendly paper tube, clever leak-proof design, and practicality, this sushi push pop packaging [https://www.igreenpackings.com/sushi-push-pop/] not only boosts the appeal of sushi but also drives

All 5 Releases


More Releases for SouthStar

SouthStar Powers Flooring Firm's Distribution Expansion with $500K
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
SouthStar Capital Delivers Working Capital Boost to Functional Beverage Startup
SouthStar Capital is proud to announce the funding of an Accounts Receivable (A/R) Facility for a fast-growing omnichannel CPG company specializing in functional coffee and herbal tea blends. This early-stage company recently began receiving recurring purchase orders from a national retail chain and needed a reliable capital partner to support ongoing growth. After successfully fulfilling smaller orders, the company is now scaling production to meet increased demand. With invoices on Net
SouthStar Funds $2M A/R Facility for Industrial Equipment Manufacturer
SouthStar Capital, LLC is pleased to announce the funding of a $2 million Accounts Receivable facility for a Charlotte-based manufacturer of industrial battery handling systems. Serving several Fortune 500 companies nationwide, the business was in search of a reliable working capital solution after their long standing line of credit with a major bank was not renewed. With customer payment terms ranging from Net 30 to Net 60 and large system orders
SouthStar Capital Funds $2MM Facility for Expanding Lighting Solutions Company
Charleston, SC - SouthStar Capital, LLC is pleased to announce the funding of a $2 million combined Purchase Order (P/O) and Accounts Receivable (A/R) Facility for a lighting solutions company preparing for nationwide expansion. Specializing in commercial and residential lighting design, procurement, and distribution, the company is projected to generate $50 million in revenue from a new contract to supply lighting for up to 15,000 units. Previously working with multiple financing
SouthStar Capital Funds A/R Facility for Growing West Coast Construction Firm
Image: https://www.abnewswire.com/upload/2025/04/79d613e09986e7c62b7ce28aec64262b.jpg As the company rapidly expanded operations-particularly in water, storm, and sewer utility upgrades, as well as generator substation renovations-it needed faster access to working capital to support growth. With projected sales increasing from $1.66 million in 2024 to a $3.5 million target for 2025, cash flow gaps caused by 40-day payment terms and milestone billing cycles became a barrier to scaling. SouthStar Capital provided a strategic A/R Factoring solution, allowing
SouthStar Capital Provides $100,000 Accounts Receivable Facility to Stabilize St …
Image: https://www.abnewswire.com/uploads/911a474343589a1527163df1d67a8eca.png SouthStar Capital is excited to provide a $100,000 Accounts Receivable (A/R) facility to support the launch of a newly established staffing company. The company was spun off from a successful medical staffing business, which thrived during the COVID-19 pandemic by meeting the urgent demand for medical personnel. However, as the pandemic's impact lessened, the original business faced a slowdown, with one major debtor accounting for 80% of their accounts