Press release
SouthStar Capital Supports Retail Growth with $250L Facility for CPG Company
SouthStar Capital is proud to announce the funding of a $250,000 Purchase Order (P/O) Financing Facility for a rapidly expanding packaged goods company specializing in International-inspired sauces. With product placements already secured in major retailers like Sprouts and Whole Foods, the company recently landed a key purchase order from Costco-an opportunity that marked a major milestone in its plan to scale revenue from $2 million to $15 million by 2026.
To fulfill the Costco order, the company needed immediate capital to meet the terms set by its manufacturing partner. At the same time, $100,000 in outstanding receivables was straining their liquidity, leaving a critical funding gap.
SouthStar's P/O Financing Facility provided the working capital needed to cover production costs and meet the fulfillment timeline. The customized financing solution ensured that sauces were manufactured on time and shipped through the company's third-party logistics provider without delay.
With this facility in place, the company successfully fulfilled its Costco order, shipped on time, and maintained strong momentum with retailers like Sprouts and Whole Foods. The funding also positioned them for future growth.
About SouthStar Capital, LLC
SouthStar Capital, LLC 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, LLC
Becca Ripley
becca@southstar.com
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-supports-retail-growth-with-250l-facility-for-cpg-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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