SouthStar in Action
What Our Clients Are Saying About SouthStar
"Recently, the conveyor belt in our older manufacturing plant broke and left us with downtime we could not afford. The engine was shot and so we were told we needed to replace the entire unit. Our credit line was maxed and I did not have the cash on hand. I had recently received something in the mail from SouthStar Capital about their equipment leasing. I called and told the Account Executive about my situation and they came to my office that afternoon. Within a day, I was approved for a lease and had the new conveyor belt installed within the week. SouthStar saved me thousands of production dollars and I can't thank them enough!" - Bobby, Plant Manager for a Metal Assembler and Manufacturer
"I was getting so tired of constantly filling out applications every time we needed a car for our fleet. In the car rental business, cars are constantly breaking down or being sold. As a need would come up, I would have to wait for my old leasing company to approve the lease and then deliver the car. They never financed the delivery charge and it took them weeks to complete. When SouthStar Capital approached me about setting up a master lease, I was so thrilled. Not only do I not have to go be bothered with re-applying over and over, but they also financed the delivery charge for us as well. Now, I have a car on my lot in days when I need one. Thanks SouthStar!" - Cindy, Operations Manager for a Rental Car Company
"My business needed some high-dollar equipment upgrades to increase efficiency, but we were in discussions with an investor to do some expansion. I did not want to have to show the equipment on my balance sheet, so I was resolved to wait for the upgrades. However, when my SouthStar rep sat down with me and explained how an operating lease works, I realized that I could get the equipment I needed now without affecting my talks with the investor. Actually, the increased efficiency from the equipment impressed the investor group and definitely helped in our negotiations. I'm very pleased with the consultative approach SouthStar had with us." - Andre, President of a Digital Production Studio
Spotlight On Success
Problem: A small computer software company had a power surge that destroyed their server. It was a small ticket item and although they had the cash to buy a new server, they did not want to have to deplete their working capital. They applied to several leasing companies, all of which were not interested in helping them because the server did not cost enough to justify their time.
Solution: SouthStar took the time to handle the lease transaction, even though it was a small ticket item.
Result: Even though the initial transaction was small, the client was thankful that SouthStar did not treat them any differently than a large ticket transaction. The client ended up doing over $150,000 in additional leasing business with SouthStar in the coming months for additional upgrades.
Contact SouthStar Capital today to discuss how Equipment Leasing can assist your company or fill out our Application to get started!
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