SouthStar Capital recently closed a $500,000 combined Purchase Order and Accounts Receivable Financing facility for a consumer products company preparing to launch its products through a major national retailer.
As the business prepared its first large retail order, it required additional working capital to fund overseas manufacturing costs and bridge the gap between production, shipment, and customer payment.
SouthStar Capital structured a customized financing solution that provides the liquidity needed to fulfill purchase orders, support production, and improve cash flow as the company continues to grow.
“Growing businesses often need additional working capital to capitalize on new opportunities,” said Michael Haddad, President of SouthStar Capital. “Our combined Purchase Order and Accounts Receivable Financing solution helps companies fulfill large orders, strengthen cash flow, and position themselves for long-term success.”
SouthStar Capital is a nationwide commercial finance company offering Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Invoice Factoring, Equipment Leasing, Payroll Funding, and Government Contract Financing, delivering tailored solutions to help businesses scale and succeed.
Contact: Becca Ripley
Director of Marketing
SouthStar Capital
Phone: (843) 800-8339
Email: becca@southstar.com
Website: southstar.com