Legacy Conveyor Solutions Provider Secures $4M A/R Facility for Expansion and Growth

The Situation
A second-generation family-run business founded in 1982, based in Tennessee, provides comprehensive conveyor belt solutions to the aggregate, sawmill, and asphalt industries. Despite their strong industry presence and legacy, this company needed substantial working capital to maintain and expand its operations.
The Solution
SouthStar Capital provided this manufacturing company with a $4 million Accounts Receivable (A/R) facility. This significant financial support enabled the company to manage its cash flow effectively, ensuring it could meet the high service demand and continue to grow without financial constraints.
The Result
With SouthStar Capital’s $4 million A/R facility, this company strengthened its operations and enhanced its service delivery to the aggregate, sawmill, and asphalt industries. This funding allowed the company to honor its long-standing commitment to quality and reliability while positioning itself for future growth. The financial stability provided by SouthStar Capital ensured that they continued their legacy of excellence and expanded their market reach.