$ 2,000,000| Service Providers| Washington
$ 2,000,000| Service Providers| Washington
Client:
Washington Personnel Agency
Situation:
Company was young and did not have an extensive credit history. Although the customer had a line of credit, the bank was unable to increase their current credit line to finance their growth.
Need:
Company was not able to raise enough capital to fund their payroll. They needed a rapid solution to obtain access to a significant amount of funds in order to finance their rapid growth.
Solution:
Prestige Capital was able to step in and provide a credit line, which was significantly larger than what their bank was willing to provide.