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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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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Tony Picini
GB

SouthStar performs as Partner SouthStar performs as Partner! SouthStar has been an awesome partner in good times and more importantly in tough times. SouthStar has consistently stepped up to support our business even in down cycles. There funding process is streamlined and efficient.

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Barbara Williams-Lewis
GB

New customer of SouthStar… I am a new customer of SouthStar Capital and they funded my government purchase order(PO) of over $120,000. I completed their paperwork and provided my government invoice and other documents and my PO was financed within two weeks. The process went smoothly after providing documents. There is a team of SouthStar Capital representatives working to make sure you are successful. They called me several times to make sure I had everything I need. I would recommend SouthStar Capital to all which I have. They are a hidden jewel.

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Wize Works LLC
GB

I am a small business owner I am a small business owner with limited working capital. My work load increases 200% in the summer. SouthStar makes it possible for me to pay my employees on time without waiting for my net 30 invoices to be paid. They are a life saver. Customer service is exemplary. Any questions or concerns I have had are handled efficiently and expeditiously. Lori handles my account. She is patient with all my questions and gets things done. I am a satisfied customer!

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Satisfied Customers
GB

SouthStar Capital provides a useful SouthStar Capital provides a useful, cost effective service for small businesses who need to maintain cash flow while waiting for customers to process payments through their system. It's an easy process that comes in handy when the work load is heavy requiring capital but payments for services already rendered are still in receivables. If you find yourself with money owed but low funds in the bank to handle new projects or purchase new materials, give them a call and one of their friendly, professional representatives will guide you through the process. This is not a paid for ad.... I really did write this and mean it.

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