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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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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Gayle Rustenburg, Business Own
GB

Excellent Business Partner South Star has been a excellent business partner! All staff have been professional, efficient and dedicated to helping us succeed! We consider them a critical part of our revenue strategy for cash flow. For a company that is closing on its first 4 years in business, we could not have made it this far without the partnership of South Star.

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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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R Moore
GB

Southstar has been very helpful to our… Southstar has been very helpful to our cash flow. We appreciate the quick response to our requests and Victoria has been great to handle all of the data entry and processing.

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