SouthStar Capital Closes $750,000 Invoice Factoring Financing Facility for Atlanta-Based Commercial Lighting Distributor
Atlanta, GA. – SouthStar Capital is pleased to announce the closing of a $750,000 invoice factoring facility for an Atlanta-based commercial lighting distributor serving contractors, municipalities, educational institutions, and commercial customers throughout the Southeast.
The growing company required additional working capital to support larger project opportunities that exceeded its existing supplier credit capacity. SouthStar Capital structured a customized financing solution designed to provide the liquidity needed to purchase materials, fulfill customer orders, and maintain steady cash flow as the business continues to expand.
The facility combines invoice factoring and purchase order financing, providing the client with a flexible working capital solution to support future growth.
"Growing businesses often outpace traditional credit limits with suppliers, creating cash flow challenges even when demand is strong," said Michael Haddad, President of SouthStar Capital. "Our customized financing solutions help companies bridge that gap, allowing them to take on larger opportunities while preserving the working capital needed to operate and grow."
SouthStar Capital is a nationwide private direct lender providing customized working capital solutions, including Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Government Contract Financing,Payroll Funding, and Debtor-in-Possession (DIP) Financing. By delivering flexible capital and responsive service, SouthStar helps businesses improve cash flow, fulfill larger contracts, and accelerate growth.