Rachel Hersh, Sales Director North America, and Vanessa Ting, Growth Consultant, and former Senior Buyer for Target discuss how to succeed in selling to major retailers.

About Prestige Capital

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For over 35 years, Prestige Capital has helped Early Stage and Mid-Size companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital. Visit www.prestigecapital.com or call 877-944-4455 to learn more.

Prestige Announces $500,000 for a Sustainable Beauty Products Firm

NEW JERSEY (February 10, 2021) – Prestige Capital Finance, LLC recently provided $500,000 to a sustainable beauty firm. The beauty firm recently signed contract with a chain of retail stores and needed fast financing to fill orders.

The sustainable beauty movement has gained momentum as consumers are more conscious about what they use on their bodies. This California, mother-and-daughter owned-business was an early adopter of the movement, sourcing local plant-based extracts to provide essential skin care. Given continuous growth in the industry, these dynamic entrepreneurs wanted a financing company that could grow with their company. After consulting with a referral partner in the space, they chose Prestige.

“Prestige is pleased to help a family-owned business get the fast financing needed for large scale product distribution,” said Stuart Rosenthal, President of Prestige Capital. “Prestige has increasingly played a role in the sustainable beauty movement, and is proud to support natural and clean-living products.”

In 2020 Prestige Capital funded a record number of companies across a broad range of industries. This year, Prestige expects to continue to serve high-growth businesses with fast financing and exceptional servicing.

About Prestige Capital

For over 35 years, Prestige Capital has helped Early Stage and Mid-Size companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital. Visit www.prestigecapital.com or call 877-944-4455 to learn more.

Prestige Capital Announces $500,000 for an Interior Furnishings Company

NEW JERSEY (January 20, 2021) – Prestige Capital Finance, LLC recently delivered $500,000 in growth capital to a distributor of air ventilation products to meet COVID building protocols.  Given the early stage of the business, capital was required to deliver goods.

Already in the construction industry, this New York-based company decided to branch out to supply General Contractors with products that promote safety, cleanliness and wellness. With demand high from existing clients, orders came quickly.  The company, in need of fast financing, reached out to a trusted advisor who referred Prestige Capital.  Funding was provided within a week to keep cash flow going.  

“Prestige is delighted to fund early stage companies,” said Stuart Rosenthal, President of Prestige Capital. “Equity is not the only option for fast-growth companies. Invoice financing can accelerate growth for start-ups that have relationships with larger companies.”

Last year, Prestige Capital funded a record number of companies across a broad range of industries. Through referral partners, Prestige was able to deliver tens of millions of dollars in financing to high growth companies and companies that pivoted during the pandemic.

About Prestige Capital

For over 34 years, Prestige Capital has helped nearly one thousand Early Stage and Mid-Size companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital. Visit www.prestigecapital.com or call 877-944-4455 to learn more.

Prestige Capital Announces $1.5 Million for a Contract Manufacturer

NEW JERSEY (December 9, 2020) – Prestige Capital Finance, LLC recently delivered a $1.5 million factoring facility to a company that manufacturers and packages frozen treats for well-known food and beverage companies. The funds were used to expand this contract manufacturer’s product line.

Initially introduced by a purchase order finance company, this New Jersey-based company needed additional support to fund a line of alcohol-based freezer pops for a major beverage supplier and distributor. Prestige was able to reduce the purchase order finance company’s exposure and provided for additional working capital all within a week of the application being completed.

“Prestige is delighted to support contract manufacturers,” said Stuart Rosenthal, President of Prestige Capital. “With our accounts receivable financing, we can provide fast funding to ensure contract manufacturers meet their clients’ needs in a timely manner.”

Over the past few months Prestige Capital has funded a record number of businesses looking to pivot and expand their product set. Through referral partners, such as purchase order financings companies, Prestige is able to deliver financing to a broad range of companies.

About Prestige Capital

For over 34 years, Prestige Capital has helped nearly one thousand Early Stage and Mid-Size companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital. Visit www.prestigecapital.com or call 877-944-4455 to learn more.