SouthStar Capital Closes Accounts Receivable Financing Facility for Healthcare Supply Company

SouthStar Capital is pleased to announce the closing of an Accounts Receivable Financing facility for a healthcare supply company that provides food service and sanitation products to long-term care facilities. 

As demand for essential healthcare supplies continues to grow, the company required additional working capital to bridge the gap between product delivery and customer payment. With payment terms extending up to 60 days, the business sought a financing solution that would improve cash flow without disrupting day-to-day operations. 

SouthStar Capital structured a customized Accounts Receivable Financing facility that converts outstanding invoices into immediate working capital, allowing the company to maintain inventory levels, fulfill customer orders, and support continued expansion throughout the healthcare sector. 

"Healthcare suppliers play a critical role in ensuring long-term care facilities have consistent access to the products they rely on every day," said Michael Haddad, President of SouthStar Capital. "Our financing solution gives businesses the liquidity they need to keep inventory moving, respond to growing customer demand, and continue delivering essential products without waiting weeks for payment."