PURCHASE ORDER FINANCING IN ACTION
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Purchase Order Financing Testimonials from Our Clients
“I had a great idea with huge market potential, but I did not have any startup capital to fill Purchase Orders. I called SouthStar Capital looking for an equity investor, so I could have capital to make my product to fill the ever increasing orders. SouthStar explained that I didn’t have to give up equity in my company in order to make my product. SouthStar structured a financial solution that paid to have my product manufactured and collected the invoice. I am now able to concentrate on sales while SouthStar handles the rest!” – Gary, CEO of a Manufacturing Company
“I closed the doors to my business in late 2007 because a lot of my work was being outsourced overseas. In late 2010 I decided to reopen my operations because work was starting to come back to the States from oversees. The only problem was that my working capital was depleted after being closed for three years. My Department of Commerce put me in touch with SouthStar Capital and they worked with me to help fill a large Purchase Order that got my business up and running. As my cash flow improves I am slowly growing out of a Purchase Order relationship but still utilize SouthStar’s Accounts Receivable Financing to this day.” – Jeff, Operations Manager of a Fabric Manufacturer
“My business specializes in LED lighting. We had a few bids out for different Government Contracts and ended up winning two of them. We don’t keep much inventory in stock, so we now had to fill two large orders in a short period of time. We got in touch with SouthStar and they were able to start a Purchase Order Financing relationship to fulfill both orders. They were so involved with the process and even took care of delivering the product to our customers. It really put my worry at ease knowing they were tracking the jobs from start to finish.” – Bill, Owner of an LED Lighting Manufacturer
“My business is highly seasonal and during the holidays I have to put out a lot of money for materials and labor to fulfill my largest client’s orders. I was coming off a couple down years and my cash reserves were depleted, which makes it extremely difficult to put out money on the front end of my manufacturing process. I was not familiar with the Purchase Order Financing process until one of SouthStar’s Account Executives took the time to explain the process and I saw the benefits right away. I continue to use SouthStar’s Purchase Order Financing process and I wish I would of know about it sooner!” – Lauren, Owner of a Manufacturing Company
How does Purchase Order Financing with SouthStar Capital work? Learn how we can provide working capital throughout the entire Purchase Order process.
Learn how Purchase Order Financing works, what it is, and the advantage of working with SouthStar Capital.
When considering if Purchase Order Financing is the right solution for obtaining working capital for your business, ask yourself these questions.