Textile Designers and Manufacturers
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Textile Designers & Manufacturers
$ 500,000
Factoring
New JerseyClient: New Jersey Textile designers and manufacturers
Situation: Company needed financing to import materials to create, manufacture and sell to their large customer
Need: Both Purchase Order Financing and Accounts Receivable Financing to import raw materials for textile product manufacturing.
Solution: Prestige was able to arrange for a factor’s assurance letter to their key suppliers enabling them to import the goods that they needed to manufacture their product.