Building Momentum: How A Construction Company Boosted Cash Flow with A/R Financing

The Situation
The client needed to accelerate cash flow with $97,734 in open accounts receivable and another $400,000 in work-in-progress. This company required immediate funding to sustain operations and drive growth.
The Solution
SouthStar Capital provided a $500,000 factoring facility tailored to the client’s needs, allowing them to accelerate cash flow by leveraging their open accounts receivables.
The Result
This immediate influx of capital enabled the construction company to sustain operations and drive growth, ensuring they had the financial resources necessary to seize new opportunities and maintain momentum.