$ 500,000 | Factoring | Upstate NY
$ 500,000 | Factoring | Upstate NY
Client:
Food and drug manufacturer based in Upstate NY.
Situation:
Client was receiving large orders to manufacture private label products for large distributors. They were unable to fill these orders without a financing partner.
Need:
A credit facility to ensure that they would have availability to buy raw materials to create their product and fill their orders in a timely manner.
Solution:
Within one week Prestige, was able to finance their invoices and seamlessly keep up with their growing pipeline.