$ 1,200,000| Service Providers| New York
$ 1,200,000| Service Providers| New York
Client:
New York Lifestyle Magazine
Situation:
Client sought immediate cash flow to continue operations during their off season.
Need:
Because of the seasonality of their business, their financials made it extremely difficult to obtain bank financing.
Solution:
As a factoring company, Prestige Capital was able to finance their invoices even though they were seasonal by nature. Prestige was able to fund the client in two weeks, enabling them to make payroll and pay their printer.
