Charleston, SC – SouthStar Capital, a leading nationwide commercial finance company, is proud to announce that it recently provided a $1 million factoring facility to a Denver-based painting contractor.
This financial solution was pivotal in enabling the client to meet immediate expenses and maintain cash flow during the execution of a substantial commercial contract.
A Denver-based painting company recently secured a significant government contract, promising substantial business growth. However, the upfront costs for subcontractor compensation and essential supplies created a strain on the company’s cash flow. The need for immediate funding became critical to ensure the project’s timely commencement and smooth progression.The infusion of capital from SouthStar Capital has empowered the painting company to promptly pay its suppliers and subcontractors. This financial stability ensures that the project can proceed without interruption, thereby maintaining the company’s reputation for reliability and efficiency.
About SouthStar Capital:
SouthStar Capital is a nationwide commercial finance company that offers comprehensive, custom working capital solutions to fit businesses’ unique needs. Our services include Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Equipment Leasing, Government Contracting, Invoice Factoring, and Payroll Funding.
With SouthStar Capital, businesses gain access to a diverse product mix designed to meet unique funding needs and support growth across various industries.
“We are thrilled to support our client in fulfilling this substantial government contract,” said Brian Cate, Assistant VP at SouthStar Capital. “Our ability to provide rapid and flexible financial solutions underscores our commitment to helping businesses overcome cash flow challenges and achieve their goals.”
For more information about SouthStar Capital and our range of financial services, please visit www.southstarcapital.com or contact Becca Ripley at (843) 800-8339
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 Kingdom
Website: www.southstarcapital.com