Construction
Accelerate Your Cash Flow
As a financial services industry leader, SouthStar Capital is aware of the specific nature and cash flow challenges that can impede growth in the construction industry. We have a successful track record and experience in assisting construction firms to achieve their maximum potential through custom-tailored financial programs.
These programs, such as Accounts Receivable Financing and Equipment Leasing, are designed to meet working capital needs and to facilitate growth. No matter what industry our clients service, our solutions enable construction firms to bid on larger projects, take advantage of supplier discounts, increase their staff to meet customer demand, and alleviate the stresses of balancing cash flows. These benefits will ultimately lead to growth and financial stability.
Get the cash you need!
Frequently Asked Questions Construction
What is construction invoice factoring?
Construction invoice factoring lets contractors access cash from eligible unpaid invoices instead of waiting for customers to pay. It can help cover payroll, materials, subcontractors, and other costs while projects are underway.
How can invoice factoring help a construction company manage cash flow?
Construction expenses often come due before customer payments arrive. Factoring can turn eligible receivables into working capital, helping contractors take on new projects and keep current work moving.
Can SouthStar Capital finance invoices from general contractors or commercial customers?
SouthStar evaluates invoices based on factors such as the customer’s creditworthiness, payment terms, and the status of the work. Our team can review your receivables and discuss which invoices may qualify.
Does my construction company need perfect credit to qualify?
How quickly can a construction company get funding?
Timing depends on the application, documentation, and invoice review. SouthStar handles underwriting in house and can often close a facility in as little as two to five days once the required information is received.
Trusted
SouthStar Capital has played a pivotal role in the success of my staffing agency. Their unwavering support in providing the necessary working capital has empowered us to stand toe-to-toe with industry giants, enabling us to pursue contracts with unwavering confidence to deliver on our commitments.
Albert Williams
The entire team is committed to communicating throughout the entire application, underwriting & funding process. The funding User Interface is simplified to expedite the transfer of funds, review previous transactions, and download reports for accounting purposes.
David Hill
I have had a great experience working with SouthStar. I'm a government contractor and they positively impact my business and cashflow. Brian was my first point of contact and he has been knowledgeable and diligent. Now, David is my account manager and the experience is still great!
Steve Kamguia