$ 2,000,000|Income Financing |Midwest Client: Midwest bulk material handling company with $10 million in annual sales. Situation: Client was unhappy with their former factor who was not timely in funding assignments of invoices. The client asked his equipment lender for a referral to a new working capital provider. Solution: Prestige provided a [read more]
$ 2,000,000|Income Financing |New Jersey Client: New Jersey-based steel company with projected sales of $10 million. Situation: Client historically sold on COD terms to customers but suddenly was forced to offer Net 60 day terms to retain key customer accounts. This resulted in a cash flow crunch for the business. In [read more]
$ 1,000,000|Income Financing |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. Need: Steady cash flow to make their payroll without interruption. Solution: Prestige [read more]
$ 1,000,000|Income Financing| New York Client: NY based architectural metal and glass company. Situation: The client’s orders were growing quickly and they were having difficulty with cash flow with their current bank line. Need: A larger line to support their growth. Their banker recognized that by replacing their bank credit line with [read more]
$ 500,000|Income Financing| New York, New York Client: NY-based sustainable building system company with $2 million in annual sales. Situation: A three-year-old environmentally friendly company had experienced strong growth. Given its short history and inability to show strong financial performance, the company was unable to obtain traditional bank financing. Prestige was [read more]
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