Securing Success: How A Painting Company Used Factoring to Fulfill a Major Hotel Contract

The Situation
A Denver-based painting company landed a contract to paint 160 hotel rooms. However, immediate expenses for subcontractor compensation and supplies strained the client’s cash flow.
The Solution
SouthStar Capital provided a $1 million factoring facility to meet the urgent financial requirements of this Government Contract.
The Result
With this capital injection, the client can now smoothly pay suppliers and subcontractors, ensuring uninterrupted project progress.