SouthStar Capital Funds $2MM Invoice Factoring Facility for Precision Manufacturer
SouthStar Capital is pleased to announce the funding of a $2,000,000 invoice factoring facility for an established U.S.-based precision manufacturing company serving large industrial end users.
The company is a longtime SouthStar client with a strong operating history and consistent customer relationships. After previously paying off its factoring facility in connection with a real estate refinancing, the business has returned to SouthStar to support renewed growth and ongoing working capital needs.
With typical customer payment terms extending 60 to 75 days, the manufacturer required a flexible solution to bridge the gap between production expenses and receivable collection. SouthStar Capital structured an Invoice Factoring facility that utilizes the company's outstanding invoices to manage payroll, purchase materials, and continue fulfilling orders without interruption.