$ 475,000| Factoring| New Jersey
$ 475,000| Factoring| New Jersey
Client:
New Jersey Digital media products and services
Situation:
Recently spun off from a larger corporation, this employee owned company was required to pay off a large note to the parent company.
Need:
Cash flow to pay off debt and support growth
Solution:
Prestige was able to provide much-needed cash flow by financing their accounts receivables, this enabled them to service their customers and pay off their note to the parent company.
