Southstar Capital Provides $1MM PO and A/R Facility to Southeast-Based Importer and Wholesaler
Southstar Capital is pleased to announce the closing of a $1,000,000 combined Purchase Order and Accounts Receivable financing facility for a Southeast-based importer and wholesaler of specialized concrete construction materials.
The company, operating within the commercial and industrial construction supply sector, recently secured a large purchase order with a major contractor for the delivery of steel joint systems used in large-scale concrete slab installations. As a growing business entering its initial stages of expansion, the company required working capital to manage upfront costs associated with international manufacturing, shipping, and import-related expenses, while also bridging the timing gap between delivery and customer payment.
Southstar Capital structured a flexible Purchase Order and Accounts Receivable financing solution to support the transaction from procurement through invoicing. The facility provides funding for immediate costs tied to incoming shipments, including logistics and import obligations, while also enabling the company to convert receivables into working capital upon delivery.
With the financing in place, the company is well positioned to execute on its initial contract, manage multiple incoming shipments, and pursue additional opportunities within its growing pipeline. The structure allows for scalability as order volume increases, supporting continued expansion within the commercial construction materials market.
Southstar Capital is a nationwide commercial finance company offering Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Invoice Factoring, Equipment Leasing, Payroll Funding, and Government Contract Financing, delivering tailored solutions to help businesses grow and succeed.