SouthStar Capital

840 Lowcountry Boulevard, 29464, Mount Pleasant, United States
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4.35
Based on 20 Reviews

5

65.00%

4

25.00%

3

0.00%

2

0.00%

1

10.00%
About SouthStar Capital

SouthStar Capital is an asset based lender who provides custom financing solutions to businesses nationwide. We offer alternative financing to businesses in need of working capital to grow and sustain their company. With SouthStar, you have access to a diverse suite of products, allowing us to customize a funding solution for your business’s current needs and future growth. SouthStar is a direct lender, with all underwriting done in-house, so we make our own credit decisions. Meaning, you deal directly with decision makers, receiving the answers you’re looking for quickly and the funding you need fast. At SouthStar, we base our lending decision on the value of your company’s assets, not your personal or business credit. Many of the businesses we work with have a challenged credit history, have been turned down by the bank or have outgrown their bank line of credit, or may be going through bankruptcy. We also work with start-ups.

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customer
GB

SouthStar is a good company that works… SouthStar is a good company that works hard to meet my needs. The business I am in is a constantly changing platform that each project has different demands. SouthStar works with my company to meet our needs.

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AS Randall
GB

Trusted Personal Partners Working with Southstar has changed my business trajectory. We partnered with Southstar three years ago as we knew we had to manage the growth coming our way. We were on the verge of 200% growth, which sounds like a dream, but it is an extraordinary challenge to ramp up resources and wait on recievables to offset the investment. Southstar stepped in to partner with us and has been a trusted partner ever since. We couldn't have survived the challenges of the last two years without SouthStar next to us. They have provided INCREDIBLY personalized service and I depend on them. Selling receivables comes with a lot of risk. I am thankful that we found SouthStar, someone we can trust.

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Carlos
GB

Great company South star provides great business advice for my construction company. The owner was very open and experience in helping my company make great business advices. They provide the funds I needed to help my business grow.

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Lyman Guy
GB

We were a start up company who had no… We were a start up company who had no one to turn to for financial help. Banks and traditional financial institutions offered no options. We are now in our 3rd year and our company has exceeded $4 million in annual revenue. Banks are now wanting our business but we remember who helped us when no one else would. Lyman Guy Five Guys

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A Lied To Customer
GB

Would not recommend. Unfortunately, we found SouthStar to be yet another financial lender that put us through the ringer, only to spend over a month on our account and have nothing to be solidified in the end. Brian appeared to be nice and straightforward at the beginning, offering a purchase order based line of credit approval to us after about two weeks of chatting. However, I found out that the "approval" wasn't real after signing all the documentation needed and trying to access our line of credit, and they continued to drag their feet on our account. Every time we spoke, there was yet another litany of documents and information that they requested that wasn't needed before our "approval". We are a small but growing business that needed a better way to manage cash flow in between $80k - $100k purchase orders that didn't lean into traditional loan rates as the current rates are insanely high, which he agreed on. Unfortunately, I cannot regain the time that was lost and should have moved on after the first two weeks of time wasting. Reviews seemed good, but I would steer clear if you have experience being mislead and taken advantage of as many other black owned businesses do, especially in 2023 after the rush of "support black businesses" completely died off.

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