SouthStar In Action

What Our Clients Are Saying About SouthStar

"My business was literally month-to-month. My business partner and I would sit down with the finances at the end of the month and have a hard discussion about closing the doors. We had over 20 employees counting on us. We just couldn't solve our reoccurring cash flow crisis. Our customers' slow pay held our cash flow for ransom, keeping us from completing our next project. The day my SouthStar Account Executive walked through our door was the day our business turned around. Now, we have the cash we need to deliver projects on time." - Ryan, Creative Director for a Graphic Design and Marketing Firm

"I was skeptical about factoring because of some horror stories I've heard from some of my business associates. From the moment I spoke to my Account Executive at SouthStar, my concerns were put to rest. They were knowledgeable, honest and I couldn't believe how easy it was. I'm so thankful that SouthStar contacted me." - Martina, CFO for an Industrial Manufacturer

"We had the opportunity to bid a huge project that our competitor dropped the ball on. We needed access to cash in order to staff up and prepare to handle this opportunity. I went to my bank, and I was turned down. I went to another bank, and I was turned down again. They didn't like the fact that we had negative growth in the last year. Nevermind that we had double-digit growth for the previous 8 years! After being turned down by five banks, we accepted the fact that we would have to pass on the project. SouthStar Capital met with us and put together a finance strategy for getting us the cash we need. They had all the answers to our questions, and their rates were very reasonable. Long story short, we won the project and are on track for our most profitable year in 9 years!" - Doug, Operations Manager of a Steel Fabrication Plant

Spotlight On Success

Problem: A staffing company is constantly waiting 60 to 90 days to get paid from their customers. Their staff is 100% commission, so they are having frequent employee turnover due to inability to collect fees in a timely manner to pay the sales force.

Solution: SouthStar set up a receivables financing relationship and took their turn time on invoices from months to days.

Result: The client was able to hire back two of their top sales reps that had left the company, as well as three experienced recruiters because they can offer something that their competition cannot - an immediate return on the sales rep's efforts.

Contact SouthStar Capital today to discuss how Receivables Financing can assist your company or fill out our Application to get started!