Charleston, SC –
Led by a seasoned management team, the company delivers workforce solutions in cybersecurity, systems integration, management consulting, curriculum development, and software engineering. Generating $15–$20 million in annual revenue, the firm operates similarly to a staffing company—billing for labor hours supported by approved timesheets, with a current focus on factoring its B2B receivables.
The opportunity was referred to by the company’s former bank lender, which had provided a line of credit but stepped back due to unaudited financials and reporting gaps. SouthStar stepped in with a customized $2 million A/R facility to provide consistent liquidity against eligible commercial receivables.
With this new funding in place, the company now has the working capital needed to meet payroll, support ongoing contracts, and sustain growth.
About SouthStar
SouthStar Capital, LLC is a nationwide commercial finance company with a 17-year track record of excellence, innovation, and customer satisfaction. We specialize in providing comprehensive, customized working capital solutions, including Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Equipment Leasing, Government Contracting, Invoice Factoring, and Payroll Funding.
Contact: Becca Ripley
Director of Marketing
SouthStar Capital
Phone: (843) 800-8339
Email: becca@southstar.com
Website: southstar.com