SouthStar Capital Delivers $500,000 Working Capital Solution for Commercial Flooring Business

SouthStar Capital is pleased to announce the funding of a $500,000 Accounts Receivable financing facility for an Indiana-based commercial flooring contractor. The company serves both residential and commercial markets, with a growing focus on large-scale projects including schools and government-related facilities. 

With annual revenues growing quickly in recent years and strong projected growth ahead, the contractor required a flexible financing solution to bridge typical commercial payment terms of 30 to 60 days. The business self-performs the majority of its work and maintains a skilled in-house workforce, supplemented by specialty subcontractors when needed. Accounts Receivable from several established commercial customers formed the foundation for the financing structure. 

The facility was structured to advance against eligible invoices, including progress-billed contracts with retainage, providing reliable working capital for payroll, materials, and ongoing project costs. This financing positions the contractor to pursue larger opportunities with confidence while maintaining smooth day-to-day operations and supporting continued growth.