Textile Designers and Manufacturers

• Textile Designers & Manufacturers

  $ 500,000

  Factoring

  New Jersey

  • Client: 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.