openPR Logo
Press release

SouthStar Capital Provides $250,000 Purchase Order Financing to North Carolina Startup for Major Government Contract

03-12-2025 11:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

SouthStar Capital Provides $250,000 Purchase Order Financing

Image: https://www.abnewswire.com/upload/2025/03/b24127f8b8e498c2ffeabe2ef622c10c.jpg

SouthStar Capital is proud to announce the successful funding of a $250,000 Purchase Order (P/O) Financing Facility for a North Carolina-based startup, empowering them to fulfill their first major government contract with a local municipality. The company, tasked with delivering new vehicles to the city, faced a financial challenge due to the upfront costs required for procurement and delivery.

To meet the contract requirements without straining cash flow, the startup turned to SouthStar Capital. Through Purchase Order financing, SouthStar advanced the necessary funds to cover the upfront costs of procuring the vehicles and accessories. This allowed the company to deliver the order on time, earn a 14% gross margin, and build credibility for future contracts.

This tailored financing solution enabled the startup to overcome financial hurdles, meet deadlines, and lay the foundation for continued growth in the competitive government contracting sector.

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 SouthStar Capital info@southstar.com

1-(800)-763-3021

840 Lowcountry Blvd, Mount Pleasant, SC 29464

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

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-250000-purchase-order-financing-to-north-carolina-startup-for-major-government-contract]
Phone: (843) 800-8339
Address:840 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: http://www.southstarcapital.com

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.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 $250,000 Purchase Order Financing to North Carolina Startup for Major Government Contract here

News-ID: 3913580 • Views:

More Releases from ABNewswire

Finding K.A. Pendrake - The Anonymous Author Behind the Book
Finding K.A. Pendrake - The Anonymous Author Behind the Book "Dragon Slayers Eat …
Who is K.A. Pendrake is a popular question, as he is the pen name of the anonymous author beind the popular book "Dragon Slayers Eat The Rich". Image: https://www.abnewswire.com/upload/2025/10/98a1d006a534dd0241f495dc4bb2ba81.jpg K.A. Pendrake is the pen name of the anonymous author behind Dragon Slayers: Eat The Rich , the thrilling political thriller releasing December 2nd, 2025 that's already generating buzz on BookTok. But who is K.A. Pendrake? That's exactly what the author wants you to
Shadow AI: New Guidance Forcing Businesses to Take Control
Shadow AI: New Guidance Forcing Businesses to Take Control
As Australian businesses accelerate their integration of artificial intelligence (AI) technologies, the National Artificial Intelligence Centre (NAIC) just released the new "Guidance for AI Adoption" aimed to establish governance and implementation of AI into Australian businesses operating in the dangerous shadows of AI. Recent research reveals a growing gap between the pace of AI uptake in organisations and the maturity of governance around its use. Recent research reveals a growing gap
DD&B Custom Home & Pool Builders: The Gulf Shores' Highest Rated Provider Among Luxury Custom Home Builders
DD&B Custom Home & Pool Builders: The Gulf Shores' Highest Rated Provider Among …
With a commitment to superior craftsmanship and a personalized design approach, the company continues to redefine what it means to live luxuriously on the Gulf Coast. Building a dream home is one of life's most meaningful milestones, and for residents in Gulf Shores, Alabama, it demands the expertise of professionals who understand both artistry and precision. Among luxury custom home builders [https://www.facebook.com/ddandbllc/], DD&B Custom Home & Pool Builders has earned a
Leavitt Peak Press Announces the Release of the Guardians: Paporia Two by F. Thomas Jones - A Bold New Chapter in an Epic Interstellar Saga
Leavitt Peak Press Announces the Release of the Guardians: Paporia Two by F. Tho …
Leavitt Peak Press is proud to announce the release of The Guardians: Paporia Two, the action-packed sequel to The Guardians: Escape from Tirgonia by military veteran and author F. Thomas Jones. This thrilling continuation of the Guardians saga dives deeper into a galactic conflict that pits courage, loyalty, and wisdom against overwhelming odds. Now in the second year of war with the ruthless Tirogian Empire, The Guardians face their greatest challenge

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