SouthStar Capital is pleased to announce the closing of a $500,000 Invoice Factoring facility for a Tennessee-based government subcontractor operating in the construction and facility services sector.
The company supports federal projects through subcontracted services, including work on a Department of Veterans Affairs hospital. With operations expanding into additional regions and contracts, the business required a flexible working capital solution to manage the timing gap between payroll obligations and invoicing cycles.
SouthStar Capital structured a $500,000 factoring facility designed to accelerate cash flow from receivables, enabling the company to meet ongoing payroll demands, maintain project momentum, and support continued execution on government contracts. The facility also provides the flexibility to scale alongside future opportunities as additional project work is secured.
With this financing in place, the company is well-positioned to maintain consistent operations, support its workforce, and pursue continued growth within the government contracting space.
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