SouthStar Capital has provided a $3 million Invoice Factoring facility to an Arizona-based manufacturer serving commercial and military markets.
The company’s production cycle requires ongoing investment in materials, labor and operating expenses. Waiting for customer payments has limited the working capital available to support those needs.
SouthStar’s Invoice Factoring facility allows the manufacturer to convert eligible Accounts Receivable into immediate working capital, helping bridge the gap between production expenses and customer payments.
The $3 million facility provides flexible funding to help the company manage cash flow, maintain production and fulfill customer orders.
About SouthStar
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