A Safer Option than Online Lenders. We know that business owners can get in a pinch financially and feel they need to resort to online lenders for fast cash. Many of these online lenders, such as a Merchant Cash Advance (MCA), offer quick funding with little paperwork, but this decision can have long term effects on your finances. These online lending structures may be based on your business's future sales, making it a higher risk funding option with a greater liability on your balance sheet. Many of these online options also have very high interest rates, forcing you into a
Payroll Funding may be the answer. What is Payroll Funding? Funding payroll can be a challenge without a constant source of cash flow. Even if your customers pay within 30 days, your employees likely need to be paid sooner. If your customers have longer payment terms of 45, 60, or even 90 days, Payroll Funding may be a necessity for paying your employees on time. How does Payroll Funding work? Slow paying customers, rapid growth periods, seasonal patterns, selling on credit terms, and other factors can create cash flow challenges for your business. With Payroll Funding, rather than waiting for your customers
SouthStar Capital has a team of dedicated sales and operations personnel that specialize in providing Government Contract Financing to both Prime and Sub-Contractors for State, Federal, and Municipal government projects. Below illustrates one of the working capital solutions we recently provided through Government Contract Financing. PROBLEM: SOLUTION: RESULT: Contact SouthStar today to discuss how Government Contract Financing can directly benefit your company. CONTACT US TODAY!
Being awarded a Government Contract is an exciting time for your business, but may also lead to the question of: How do I meet my payroll, vendor, & other obligations while the project is being completed? Our dedicated team understands the intricacies of Government Contracts & specializes in providing working capital solutions for your company's specific financing needs. Experience We have the experience of working with Prime and Sub-Contractors on financial solutions for their State, Federal, and Municipal government projects. Flexibility Our custom solutions provide our clients with the growth capital needed to fund task orders, as well as
We are very excited to announce that SouthStar Capital has been awarded the "Best Government Factoring Company" for 2016 by the Factoring Club! This award was based on user feedback, factoring agreement terms and conditions, and our direct business relationship with the Factoring Club. SouthStar's Government Contract Financing At SouthStar, we have a team of dedicated experts in the area of Government Contract Financing, or Factoring. We specialize in providing working capital solutions to Prime and Sub-contractors for State, Federal and Municipal government projects. Our team is also very familiar with the Federal Assignment of Claims, as well as Contract Modification. In addition, we work