SouthStar Capital Funds $250,000 PO and A/R Facility to Support Government Contractor’s U.S. Customs & Border Patrol Project
SouthStar Capital is proud to announce the funding of a $250,000 Purchase Order and Accounts Receivable Facility for a Charlotte-based government contractor specializing in medical and laboratory equipment. The financing supported an awarded contract with the U.S. Customs and Border Patrol to supply equipment at a facility.
The contractor faced a short-term cash flow gap due to supplier payment requirements that preceded government payment terms. SouthStar stepped in with a flexible PO and A/R financing solution that covered upfront supplier costs and provided additional working capital upon invoicing.
With SouthStar’s support, the company successfully fulfilled the contract on schedule, strengthened supplier relationships, and positioned itself for future federal contracting opportunities.
“SouthStar Capital’s tailored financing programs help government contractors overcome timing gaps and confidently execute awarded projects,” said Charlie Bacon, Assistant VP of SouthStar Capital. “We’re proud to provide funding solutions that empower small and emerging businesses to grow in the public sector.”
About SouthStar
SouthStar Capital, LLC is a nationwide commercial finance company, proudly serving businesses since 2008 with a track record of excellence, innovation, and customer satisfaction. We specialize in providing comprehensive, customized working capital solutions, including Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Equipment Leasing, Government Contracting, Invoice Factoring, and Payroll Funding.
Contact: Becca Ripley
Director of Marketing
SouthStar Capital
Phone: (843) 808-3637
Email: becca@southstar.com
Website: southstar.com