SouthStar Capital, LLC is pleased to announce the funding of a $2 million Accounts Receivable facility for a Charlotte-based manufacturer of industrial battery handling systems. Serving several Fortune 500 companies nationwide, the business was in search of a reliable working capital solution after their long standing line of credit with a major bank was not renewed.
With customer payment terms ranging from Net 30 to Net 60 and large system orders often exceeding $200,000, the company faced a significant cash flow gap that risked slowing operations. SouthStar stepped in with a flexible solution that allowed the manufacturer to access immediate liquidity by leveraging their outstanding receivables.
This customized facility helped the client maintain production timelines, support day-to-day operations, and continue serving high-profile accounts—all without taking on additional debt. With consistent cash flow now in place, the company has replaced its traditional credit line and is well-positioned for continued growth and expansion.
About SouthStar Capital, LLC
SouthStar Capital, LLC is a nationwide commercial finance company with a 17-year 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.
For more information about SouthStar Capital and our range of financial services, please visit www.southstarcapital.com or contact Becca Ripley at (843) 800-8339.
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Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email: Send Email
Phone: (843) 800-8339
Address:840 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: www.southstarcapital.com
