$3 Million Invoice Factoring Facility Supports Specialty Contractor’s Growth

The Situation:

A family-owned, Charlotte-based stud welding company serving steel fabricators was experiencing cash flow pressure while taking on larger structural steel projects, including data center developments. Extended customer payment cycles made it challenging to manage payroll and operating expenses.

The Solution:

SouthStar Capital provided a $3 million Invoice Factoring Facility, allowing the company to convert outstanding invoices into immediate working capital.

The Result:

With improved cash flow, the company can cover ongoing expenses, pursue larger projects, and continue expanding without waiting for customer payments.