by Becca Ripley | Apr 14, 2016 | Blog, Invoice Factoring
The History of Factoring Factoring is an ancient function that dates back to Babylonian times. The Babylonian Code of Hammurabi, which covered certain trade practices of merchants’ agents who guaranteed trade credits, was the earliest recorded example of...
by Becca Ripley | Apr 11, 2016 | Asset-Based Lending, Blog
Asset Based Lending vs Bank Financing Asset-based lines of credit refer to loans secured by a wide variety of assets such as accounts receivable, equipment, and inventory. Asset-based lenders rely on the value of the underlying collateral to minimize the loan’s...
by Becca Ripley | Apr 6, 2016 | 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...
by Becca Ripley | Mar 24, 2016 | Blog, Government Contract Financing
Government Contract Financing with SSC Being awarded a Government Contract is an exciting time for your business, but it may also lead to the question: How do I meet my payroll, vendor, & other obligations while the project is being completed? Our dedicated team...
by Becca Ripley | Mar 11, 2016 | Accounts Receivable Financing
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...
by Becca Ripley | Mar 9, 2016 | Blog, Purchase Order Financing
How does Purchase Order Financing Work? At SouthStar Capital, we are dedicated to structuring a financing package that benefits your company today and in the future. SouthStar can tailor a financing solution to fit your needs, involving purchase order financing and...