openPR Logo
Press release

SouthStar Capital Empowers Small Business with Government Contract Financing

08-21-2024 11:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

SouthStar Capital Empowers Small Business with Government

Charleston, SC - SouthStar Capital, a leading provider of financing solutions, celebrates a remarkable success story showcasing the transformative impact of government contracting on small businesses. The story revolves around a five-year-old mattress manufacturer's representative who achieved a significant leap from a 7% commission to a 38% gross profit, all thanks to seizing an opportunity in government contracting.

Already a successful vendor to prestigious clients such as Caesars Palace and the University of Virginia, the representative saw potential in expanding into government contracts. After bidding on and securing a $200,000 contract to supply mattresses to 15 buildings, they faced a challenge familiar to many small businesses - financing the large-scale order without adequate credit terms.

SouthStar Capital stepped in with a $500,000 Accounts Receivable facility, enabling the representative to proceed with the contract confidently. The representative's journey highlights the critical need for businesses to diversify their revenue streams and seize emerging opportunities.

About SouthStar Capital:

SouthStar Capital provides flexible financing solutions tailored to meet the unique needs of small to mid-sized businesses across various industries. With a commitment to fostering growth and innovation, SouthStar Capital empowers businesses with strategic financing options, including accounts receivable financing, purchase order financing, and government contract financing.

For more information, visit southstarcapital.com or contact SouthStar Capital info@southstar.com

https://www.southstarcapital.com/ar-financing/government-contract-financing-small-business-growth

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: SouthStar Capital
Contact Person: Becca Ripley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=southstar-capital-empowers-small-business-with-government-contract-financing]
Phone: (843) 277-6417
Address:804 Lowcountry Blvd
City: Mount Pleasant
State: SC 29464
Country: United States
Website: http://southstarcapital.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release SouthStar Capital Empowers Small Business with Government Contract Financing here

News-ID: 3630401 • Views:

More Releases from ABNewswire

Wilfredo Cruz Joins Shopr Rewards to Support Digital Marketing Initiatives
Wilfredo Cruz Joins Shopr Rewards to Support Digital Marketing Initiatives
Orlando, Fla. - September 12, 2024 - Shopr Rewards [https://www.shoprapp.com/] ("Shopr" or the "company"), an innovative provider of instant cash back rewards in the travel industry and beyond, is thrilled to welcome Wilfredo Cruz as its newest digital marketing specialist. With a strong background in marketing and social media communications, Cruz will play a critical role in expanding the company's digital presence, driving brand awareness, and enhancing customer engagement across
The Healing Moment by Dr. Donna Marks Offers A Powerful Framework On How To Turn Life's Messes into Miracles of Love
The Healing Moment by Dr. Donna Marks Offers A Powerful Framework On How To Turn …
With practical exercises, a science-backed seven-step method, and real-life case studies. The Healing Moment teaches readers how to become the best version of themselves by shifting their consciousness from fear to love in order to transform any mess into a miracle of love. Image: https://www.abnewswire.com/uploads/1cab16a58b4366e160db654a2a875b20.jpg Dr. Donna Marks is a best-selling, multiple award-winning author, educator, and licensed psychotherapist and addictions counselor in Palm Beach, Florida for more than thirty years. In 1989, Donna
Lamellar Ichthyosis Market Growth Anticipated by 2032 | Major Players: Krystal Biotech, Timber Pharmaceuticals
Lamellar Ichthyosis Market Growth Anticipated by 2032 | Major Players: Krystal B …
The lamellar ichthyosis market landscape is expected to evolve with increased interest from pharmaceutical companies in developing new treatments, advancements in diagnostic techniques, and the anticipated introduction of emerging therapies during the forecast period. The market for Lamellar Ichthyosis is poised for significant growth between 2019 and 2032, according to the latest report, "Lamellar Ichthyosis Market Insights, Epidemiology, and Market Forecast 2032 [https://www.delveinsight.com/report-store/lamellar-ichthyosis-market?utm_source=abnewswire&utm_medium=market&utm_campaign=kpr]" from DelveInsight. The landscape of this market is
Incheq Announces Strategic Partnerships and Exciting New Developments Across Commercial and Industrial Sectors
Incheq Announces Strategic Partnerships and Exciting New Developments Across Com …
Incheq Collaborates with Key OEM Partners, Launches Version 10 of Their Platform, and Partners with NMSDC to Enhance Participant Experience at Upcoming Events Chigaco, Illinois - Incheq [http://incheq.com/], a leader in innovative task verification and management solutions, is thrilled to announce several exciting developments across its commercial and industrial sectors. Incheq is making significant strides with ongoing commercial and industrial OEM projects, proving its commitment to delivering top-notch solutions for various industry

All 5 Releases


More Releases for SouthStar

Commercial Electric Ovens Market Trends and Forecast Report 2022 | By Players, T …
The QY Research released a latest market research report on the global and United States Commercial Electric Ovens market, which is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Commercial Electric Ovens market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by
Mobile Phone Antenna Market Report-In-Depth Analysis of Industry Share, Size, Gr …
The Mobile Phone Antenna Market research report highlights market insights with key trends and a breakdown of the Mobile Phone Antenna Market. In addition, it provides information about products and offerings and impact due to macroeconomics and Covid-19 impact on the Mobile Phone Antenna Market. Qualitative and quantitative insights are evaluated in Mobile Phone Antenna Market research report, and the market size, growth, and share are also included in Mobile
Smart Phone Antenna Market Analysis, Size, Trends and Segmented Data by Top Comp …
In a recent study published by QY Research, titled Global Smart Phone Antenna Market Research Report, analysts offer an in-depth analysis of the global Smart Phone Antenna market. The study analyzes the various aspects of the market by studying its historic and forecast data. The research report provides a Porters five force model, SWOT analysis, and PESTEL analysis of the Smart Phone Antenna market. The different areas covered in the
Construction Equipment Market Investigated in the Latest Research
The global Construction Equipment Market is projected to grow at a CAGR of 4.52%, during the forecast period, from an estimated USD 146.17 billion in 2018 to USD 199.18 billion by 2025. Some of the prominent factors bolstering the demand of construction equipment are increased demand of smart city projects coupled with increased investment in infrastructure. Tier-5 emission regulation is expected to drive the construction equipment market Tier-5 compliant engines are projected
Mobile Phone Antenna Market Report 2018: Segmentation by Product (PIFA(Planar In …
Global Mobile Phone Antenna market research report provides company profile for Speed, JESONcom, Auden, Deman, Ethertronics, Sky-wave, 3gtx, Southstar, Amphenol, Pulse, Molex, Skycross and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report
Nov 22, 2017: Food Baking Equipment Market Forecast 2023 Southstar, Sinmag
Food Baking Equipment Market Research 2017 A market study ” Global Food Baking Equipment Market ” examines the performance of the Food Baking Equipment market 2017. It encloses an in-depth Research of the Food Baking Equipment market state and the competitive landscape globally. This report analyzes the potential of Food Baking Equipment market in the present and the future prospects from various angles in detail. The Global Food Baking Equipment Market 2017