Collateral

Collateral

You may have collateral and not even realize it... When looking for a source of capital, there are several factors your lender may take into consideration. For instance, traditional lenders will first look at your company's credit history, balance sheet strength, and years in business when underwriting a loan. This way of thinking leads to many businesses being turned down and not receiving the funding they need. SouthStar Capital takes a non-traditional approach and uses your business's assets, or collateral, to make our funding decision. In-turn we are able advance your business capital by using your collateral as leverage. Accounts

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Accounts Receivable Example

AR Financing in Action

Below illustrates one of the working capital solutions we recently provided through Accounts Receivable Financing. PROBLEM: SOLUTION: RESULT: Contact SouthStar today to discuss the benefit Accounts Receivable Financing can have on your business. CONTACT US TODAY!
What is Accounts Receivable Financing

The SouthStar Funding Process

How does Accounts Receivable Financing Work? You provide products or services to another creditworthy business on terms. You send the invoice to your customer and send the invoice, along with any support documentation (i.e. purchase orders, contracts, etc.) to SouthStar Capital. SouthStar will verify the invoice then advance a portion of the invoice directly to you, typically 70 to 90 percent. Your customer then pays the invoice by ACH, wire transfer, or a check made out to your company, but sent SouthStar Capital's address. SouthStar then sends you the invoice balance, less our fee. Contact us today to learn more

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SouthStar Advantage

The SouthStar Advantage

Non-Traditional Approach Our credit decision is based on your company’s assets, not past financial performance or time in business. Our in-house Underwriting allows for quick funding, typically in 2-5 days. Our diverse product mix allows you the flexibility to select what most benefits your business. We are a private company allowing for customizable solutions in your company's best interest. We work with both Tax Liens and Balance Sheet issues. Grow with Confidence We prescreen potential clients of yours allowing, you to better understand their strengths, payment habits, and credit worthiness. We do not impose limits on our clients, so your

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Need Cash Bad Credit

Your Business needs Cash Flow, but You have Poor Credit…Now What?

Many business owners go through the struggle of having a sufficient amount of working capital to keep their company up and running. The typical solution to this problem is taking out a bank loan to support their company through the rough patch. But what are the options when they have a limited or challenged credit history? While banks can be an aid to businesses, having credit issues will most likely result in being turned down for the loan. The Good News The good news is that there’s an alternative solution know as Accounts Receivable Financing. AR Financing takes a business’s

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Referral Relationship

10 ways to build strong referral relationships between you and SouthStar Capital

SouthStar Capital prides itself on the relationships it has created over the years with referral partners. We have noticed that there are often two types of relationships that evolve. The first is someone that occasionally sends a client here and there to us as a trusted resource and those that make SouthStar Capital a part of their company resources. My question is which do you want to be? To be an effective at networking, you should constantly be strengthening your relationships with referral sources. The best way to go about this, of course, depends on each individual referral source and

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Commercial Loan

Commercial Hard Money Loans & Alternatives

With the tightening of business credit, companies are struggling to make ends meet amid a backdrop of uncertainty. Companies are taking longer to pay invoices and the effects are reverberating throughout the global economy. Banks raise interest rates and businesses are left to deal with the consequences. However, there are credit alternatives that allow companies to assume a more hands-on approach to financing their business. They include asset-based lending practices and the most common ABL financing vehicles are purchase order financing, and accounts receivables factoring. Both options empower businesses to take charge of their capital requirements and are a much

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