$ 2,000,000 | Consumer Products | New York
$ 2,000,000 | Consumer Products | New York
Client:
New York Watch Company
Situation:
Company was seeking immediate cash flow during their busy fourth quarter.
Need:
Since their bank was unable to provide a loan, an introduction to Prestige was made to provide invoice financing.
Solution:
Within one week the client financed $1,000,000 of receivables enabling them to pay their suppliers in a timely manner.