SouthStar Capital Provides $750,000 Accounts Receivable Facility to Pennsylvania-Based Manufacturer

SouthStar Capital is pleased to announce the funding of a $750,000 A/R Facility for a Pennsylvania-based manufacturer specializing in smart electrical technology systems. The company, experiencing cash flow challenges due to delayed customer payments and a growing client base, needed immediate working capital to maintain operations and keep supplier payments on track.

The manufacturer, responsible for installing energy-efficient systems in schools and businesses, was billing between $250,000 and $500,000 per month. However, with two large unpaid invoices totaling $400,000, cash flow constraints put production at risk and threatened to stall project timelines.

SouthStar’s A/R solution provided immediate access to capital by leveraging the company’s outstanding invoices, ensuring the business had the working capital needed to operate smoothly. With this $750,000 Factoring Facility, the manufacturer secured the financial stability needed to support growth and drive continued innovation in the smart electrical technology sector.

About SouthStar

SouthStar Capital is a nationwide commercial finance company with a 16-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. Our non-traditional approach to funding allows us to cater to a wide range of businesses, from startups seeking growth financing to established companies needing enhanced cash flow.

For more information, visit southstarcapital.com

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email: Send Email
Phone: (843) 800-8339
Address:840 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: www.southstarcapital.com