SouthStar Capital Provides $740,000 Purchase Order/Factoring Facility for Government Contracting Opportunity
The Opportunity
The small business was presented with a major contract to supply products to a leading school system. However, to fulfill the order and meet the school system’s requirements, the business needed to secure supplies from its own vendors, requiring immediate payment to ensure on-time shipping.
The Solution
SouthStar Capital stepped in with a $750,000 Purchase Order/Factoring Facility. This strategic financing allowed the company to quickly settle payments with its supplier, ensuring that essential products could be shipped on schedule to meet the contract’s demands.
The Result
With immediate access to necessary funds, the business successfully secured and shipped the products on time, enhancing its reputation and reliability in the government contracting sector. This financing partnership with SouthStar Capital enabled the company to take advantage of a significant growth opportunity.
About SouthStar Capital
For over 16 years, SouthStar Capital has remained committed to delivering innovative financial solutions that support business growth and success. Offering a range of financial products, SouthStar helps both startups and established businesses improve cash flow and overcome funding challenges. SouthStar’s non-traditional approach to funding and underwriting ensures access to capital for companies that may not qualify for traditional bank financing or are facing cash flow difficulties.
For more information, visit southstarcapital.com or contact SouthStar Capital at:
SouthStar Capital
info@southstar.com
(800) 763-3021
840 Lowcountry Blvd, Mount Pleasant, SC 29464