SouthStar Capital LLC Is A National Company.
We Specialize In Cash Flow Financing To Small And Medium Sized B2B Businesses.
Our Clients Include Start-up Businesses And Businesses Less Than 3 Years Old And Not Yet Bankable.
We Also Specialize In Funding Existing Businesses And/or Owners With Less Than Perfect Credit And Who Are Not Currently Bankable.
Our Primary Products Are: Accounts Receivable Advance Funding, Purchase Order Advance Funding, And Equipment Leasing.
How Are We Different From Bank funding?
1. BANK LOANS - First You Must Be Bankable – No Start-ups Less Than 3 Years Old And No “C” Personal And/or Business Credit Scores.
Banks Loan Money At An Annualized Interest Rate, Such As A Loan At 12% Per Year. The Bank Provides The Money “one Time,” The Day That You Receive The Loan. Consider A Bank Loan For $100,000 At 12 Percent.
You Receive The $100,000 Just One Time And Then Pay $1,000 Interest Per Month Interest. Plus More If You Are Paying Down Principle And Interest.
By just Paying Interest For The Year You Still Owe $100,000!
Your Balance Sheet Shows A $100,000 Bank Loan Line Item.
You Have A UCC Filing Affecting Your Credit Score.
2. ACCOUNTS RECEIVABLE FINANCING - Provides Money Continuously.
When You Factor $100,000 Each Month For A Year You Have The Use Of $1.2 Million Dollars (12 X $100,000) Over The Course Of A Year.
Unlike A Bank Loan You Have Just $100,000 One Time.
Assuming A 3 Point Monthly Service Fee Over A Year, The Cost Is 12 X $3,000 Or $36,000, Which Is 3 Percent Of "$1.2 Million Dollars" Available For Your Use.
And At The End Of The Year You Have No Debt!
No Loan Showing On Your Balance Sheet As A Line Item.
No UCC Commercial Code Filing Affecting Your Credit Score.
How Can SouthStar Capital Advance Funds To A Less Than Credit Worthy Or Un-bankable Business?
Simple: We rely On The Good Credit Of your Customers. If They Have Good Credit, We Know That We Will Get Paid And SouthStar Capital Can Advance Your Business The Necessary Cash To Make Payroll, Pay Critical Bills, And Focus On Growth, Not Bill Collections.
SouthStar Capital, LLC in Palm City is a company that specializes in Misc. Business Credit Institutions. Our records show it was established in Florida.
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