Aviation Firm Scales Operations with $500K A/R Facility for Aircraft Acquisition

The Situation
A Service-Disabled Veteran-Owned Aviation Solutions provider secured a lucrative contract to train entry-level pilots. This company needed SouthStar to fund the acquisition of up to 10 Cessna 172 planes, costing approximately $195K—$250K each. The client will ramp up the contract by acquiring at least 6 planes, allowing them to create a Net 15 invoices for completed training hours.
The Solution
SouthStar provided a $500,000 A/R facility to support this aviation company’s needs. This facility enabled this company to secure the planes and start operations without cash flow constraints.
The Result
With SouthStar Capital’s $500,000 A/R facility, this business acquired the necessary aircraft and fulfilled its contract obligations. This financial support allowed it to scale operations efficiently and secure its role as a prime contractor with the Department of Defense.