SouthStar Capital Closes an Accounts Receivable Financing Facility for Florida Commercial Printing and Embroidery Company
SouthStar Capital is pleased to announce the closing of an accounts receivable financing facility for a Florida-based commercial printing and embroidery company.
For more than 20 years, the company has provided custom printing and embroidery services to a loyal customer base, finally crossing the seven-figure mark in annual revenue. With a portfolio of long-standing commercial clients and recurring business on standard net-30 payment terms, the company sought a financing solution that would improve cash flow while eliminating its dependence on higher-cost financing products.
Despite an existing financing structure that required careful coordination, SouthStar Capital successfully structured a $350,000 Accounts Receivable Financing facility tailored to the company's needs. By navigating existing liens and leveraging a strong portfolio of recurring commercial receivables, the facility provides the working capital needed to support ongoing operations and future expansion.
The $350,000 facility provides immediate access to working capital as invoices are generated, allowing the company to improve liquidity, support its move into a larger production facility, and position the business for continued growth. The new location will provide additional production capacity while significantly reducing monthly occupancy costs.
By unlocking cash tied up in outstanding invoices, SouthStar's financing solution gives the company the flexibility to fund day-to-day operations, invest in expansion, and move forward without relying on merchant cash advances.