$ 500,000| Factoring| New Jersey Client: New Jersey-based technology staffing company. Situation: The three-month old company was experiencing working capital constraints due to customers stretching their payments to more than 45 days. Need: The client needed working [read more]
$ 1,000,000| Factoring| New York Client: NY based construction clean up company. Situation: The client was experiencing cash flow issues because of slow paying customers. Their banker could no longer continue covering their overdrafts therefore they referred the client to Prestige. [read more]
$ 500,000| Factoring| New York Client: NY based online publisher and experiential brand. Situation: Their bank was no longer able to provide financing as their financials no longer supported the loan amount that they had. Need: Cash [read more]
$ 750,000| Factoring| New York Client: New York based media and branding company. Situation: The company bills their clients in installments under a contract. They had been financed by a factoring company who could not finance milestone billed receivables. Therefore, most of [read more]
$ 10,000,000| Factoring| Northeast Client: Northeast Staffing Agency acquiring another entity in the same industry. Situation: Client was seeking acquisition financing and had been working with an asset based lender to finance the acquisition. The proposed asset based lender was procrastinating [read more]
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