SouthStar Capital Provides Accounts Receivable Financing Facility for Southeast Commercial Landscaping Company

SouthStar Capital is pleased to announce the recent closing of an Accounts Receivable Financing facility for a Southeast-based commercial landscaping and maintenance company serving government, multifamily, retail, and commercial property customers throughout the region. 

The company specializes in commercial landscaping, grounds maintenance, and property services through a portfolio of recurring service contracts. As the business entered its peak operating season, it experienced a temporary cash flow gap after a major customer changed their payment terms to Net 60 from Net 30. The change created increased working capital pressure as payroll obligations grew to support a workforce of more than 30 employees and rising seasonal demand. 

SouthStar Capital structured a Accounts Receivable financing facility designed to provide immediate access to working capital by leveraging invoices owed by a well-established commercial customer. The facility enables the company to bridge the timing gap between service delivery and customer payments while maintaining consistent payroll, supporting ongoing operations, and continuing to serve its growing customer base. 

"Many service-based businesses face cash flow challenges when payment terms are extended, particularly during periods of growth," said Michael Haddad, President of SouthStar Capital. "Our financing solution provides the flexibility needed to maintain operations and capitalize on opportunities without waiting for customer payments to arrive." 

With the financing in place, the company is well-positioned to maintain steady operations, support its workforce, and continue delivering commercial landscaping and maintenance services across its market.