SouthStar Capital's $150,000 A/R Facility Transforms Operations for Non-Emergency Medical Transport Company

SouthStar Capital recently stepped in to provide critical financial support for a non-emergency medical transport company facing cash flow challenges due to changing payment terms. With three years in business and a fleet of nine vehicles, the company had been providing consistent transport services. However, a shift to extended NET terms from its debtors left the business struggling to manage payroll and fuel costs.

This client invoiced every two weeks, but the extended payment terms caused a gap in cash flow that made it difficult to cover essential expenses. To add to the pressure, the company was carrying an existing Merchant Cash Advance (MCA) balance, which further strained their financial situation.

SouthStar Capital providing a solution to these challenges, they stepped in with a $150,000 Accounts Receivable (A/R) facility. This financing solution allowed the company to convert outstanding invoices into immediate working capital, bridging the cash flow gap caused by the new payment terms.

The impact was immediate. With access to cash flow when needed, the company maintained its operations smoothly, covering payroll and fuel expenses without delay. This renewed financial stability not only allowed them to continue providing vital transport services but also positioned them for future growth within the competitive non-emergency medical transport industry.

SouthStar Capital's tailored financial solution has ensured that this transport company can confidently navigate operational demands, demonstrating the power of flexible financing in the face of evolving business challenges.

About SouthStar

SouthStar Capital is a nationwide commercial finance company with a 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.

For more information, visit southstarcapital.com

Reference:use this blog as a reference: https://www.southstarcapital.com/invoice-financing/invoice-factoring-construction-company-cash-flow-growth [https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.southstarcapital.com%2Finvoice-financing%2Finvoice-factoring-construction-company-cash-flow-growth%3Ffbclid%3DIwZXh0bgNhZW0CMTAAAR1k_Mtar5avHgMoU4bG9FXr4PD_53MJBN3SB8YyUPKq7Kp6kqCNx9ucHTM_aem_p-e_zfLM_YCkNDTpZtX6eQ&h=AT3uAi3CV13H0Qs3-UtMky4GWQDOo8060CxB8TxfKBChJzmH26rEqBbWbmUlj4ogt51yrB20WTp4YvkFy2S98JZ_ye3Dwfxj10Pd7sPkrHWz1Zcrhva949uZnmTo-9q2xW4]

Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=southstar-capitals-150000-ar-facility-transforms-operations-for-nonemergency-medical-transport-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.