Press release
SouthStar Capital Provides $4 Million Invoice Factoring Facility to Boost Second-Generation Manufacturing Company
SouthStar Capital is proud to announce the provision of a $4 million Accounts Receivable (A/R) facility to a second-generation, family-run manufacturing company that serves industries such as aggregate, sawmill, and asphalt since the 1980s, the company has built a strong reputation for reliability and innovation. However, with rising demand and expansion goals, the company faced the need for increased working capital to maintain its momentum.
SouthStar Capital's $4 million A/R facility provided the necessary financial flexibility to manage cash flow more effectively. This vital funding allowed the manufacturer to continue operating efficiently, ensuring timely service delivery across its key markets while upholding its long-standing commitment to quality.
With this financial boost, the company not only reinforced its position as an industry leader but also acquired new opportunities for growth and market expansion. SouthStar's tailored financing solution was key to sustaining the company's legacy of excellence and positioning them for continued success.
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.
For more information, visit southstarcapital.com or contact
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-4-million-invoice-factoring-facility-to-boost-secondgeneration-manufacturing-company]
Phone: (843) 800-8339
Address:840 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: http://www.southstarcapital.com
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