Keep your Company’s Cash Flowing through a Seasonal Slump

If you are a business owner, your business has likely experienced a sales slump at some point in its lifetime. Some of these slumps may be seasonal and have a predictable “slow” time of year. The good news is that maxing out credit cards or taking out a second mortgage doesn’t have to be the answer to getting through the downswing.
By using your company’s assets, you can create working capital for your business to thrive and grow. SouthStar Capital offers an alternative financing solution: Asset-Based Lending.
Where SouthStar Can Step-In
Asset Based Lending can create working capital using your business’s assets from accounts receivable, equipment and inventory. SouthStar will help you get the funding you need in just 2-5 days, so you can solve your immediate cash flow needs. Asset Based Lending provides a revolving line of credit, so you have access to as little or as much capital as soon as you need. The funds are sent directly to your bank account, allowing you to
One Less Thing to Worry About
Worrying about your company’s cash flow is already stressful enough without worrying about qualifying for funding. SouthStar has an easy application process that is not based on your credit score. Since we will be funding based on your business’s assets, we are less concerned with your personal credit or the strength of your balance sheet.
Over the Slump, Now What?
Asset-based lending is a great way to use your assets to your advantage, especially during seasonal slumps or downswings. But what about when you’re back into the busy season? Even with sufficient working capital, Asset Based Lending can help take your company’s growth to the next level. By using your assets to create cash flow, you are able to take the contract you would have had to turn down, hire the new employee you really need, or increase your marketing budget to grow your brand. These are just a few of the opportunities your company could achieve by adopting the process of Asset Based Lending.
Contact us to learn more about the benefits of Asset Based Lending with SouthStar Capital!