Press release
SouthStar Capital Funds A/R Facility for Growing West Coast Construction Firm
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 the company to selectively factor its outstanding $50,000 in invoices. This on-demand access to capital ensured timely payroll and operational funding, giving the company the flexibility and confidence to take on larger, multi-month projects without financial disruption.
With SouthStar's support, the construction firm accelerated its cash flow, hired additional employees, and strengthened its position to take on more complex infrastructure projects across the region.
About SouthStar
SouthStar Capital is a nationwide commercial finance company with a 17-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 [https://www.southstarcapital.com/]
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Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=southstar-capital-funds-ar-facility-for-growing-west-coast-construction-firm]
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
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