Women’s Apparel Company
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Women’s Apparel Company
$ 1,000,000
Factoring
SoutheastClient: Southeast based women’s apparel company.
Situation: This client had recently ended her partnership with one partner and was forming a new corporation with her overseas supplier.
Need: Client needed to have a financing partner to give comfort to her suppliers that she would have steady cash flow to pay for the product in a timely manner as well as have credit protection on her retail invoices.
Solution: Putting together a 1 million line for this client, Prestige was able to ensure that her business could scale up quickly and that Prestige’s credit department could monitor her retailer’s credit.