$ 500,000 | Factoring | Florida
$ 500,000 | Factoring | Florida
Client:
Florida-based manufacturer of sports nutrition products.
Situation:
After two years of research and development, the early stage company started generating revenue and needed to turn their invoices into immediate cash.
Need:
The client needed cash to pay their suppliers up-front and to fund other working capital needs.
Solution:
In six business days, Prestige provided a $500,000 factoring line of credit to the client which provided working capital and supported the company’s growth plan.
