SouthStar Capital Closes $750,000 Accounts Receivable Financing Facility for Growing Home Healthcare Provider

SouthStar Capital is pleased to announce the closing of a $750,000 accounts receivable financing facility for a Northeast-based home healthcare services company. 

Established nearly two decades ago, the company provides a wide range of in-home healthcare services through licensed medical professionals and support staff. In addition to serving private-pay and government-supported patients, the company also supplies healthcare personnel to educational institutions throughout its service area. 

Experiencing steady growth and increasing demand for its services, the company sought additional working capital to support ongoing operations, payroll obligations, and future expansion opportunities. SouthStar Capital structured a $750,000 Accounts Receivable Financing facility designed to improve cash flow and provide access to working capital as invoices are generated. 

The financing solution allows the company to accelerate cash flow tied up in outstanding receivables, providing greater financial flexibility to support continued growth while maintaining a high level of service for its patients and partners.