Press release
SouthStar Capital Delivers $2MM A/R Facility to Fuel Growth for Cybersecurity and Tech Services Firm
The opportunity was referred to by the company's former bank lender, which had provided a line of credit but stepped back due to unaudited financials and reporting gaps. SouthStar stepped in with a customized $2 million A/R facility to provide consistent liquidity against eligible commercial receivables.
With this new funding in place, the company now has the working capital needed to meet payroll, support ongoing contracts, and sustain growth.
About SouthStar
SouthStar Capital, LLC 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.
For more information about SouthStar Capital and our range of financial services, please visit www.southstarcapital.com [http://www.southstarcapital.com/] or contact Becca Ripley at (843) 800-8339.
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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-delivers-2mm-ar-facility-to-fuel-growth-for-cybersecurity-and-tech-services-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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