Press Releases

• Prestige Announces $500,000 for a Sustainable Beauty Products Firm Posted on March 18, 2021NEW JERSEY (February 10, 2021) – Prestige Capital Finance, LLC recently provided $500,000 to a sustainable beauty firm. The beauty firm recently signed contract with a chain of retail stores and needed fast financing to fill orders. The sustainable beauty movement …
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• Prestige Capital Announces $500,000 for an Interior Furnishings Company Posted on February 11, 2021NEW JERSEY (January 20, 2021) – Prestige Capital Finance, LLC recently delivered $500,000 in growth capital to a distributor of air ventilation products to meet COVID building protocols.  Given the early stage of the business, capital was required to deliver goods. …
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• Prestige Capital Announces $1.5 Million for a Contract Manufacturer Posted on December 15, 2020NEW JERSEY (December 9, 2020) – Prestige Capital Finance, LLC recently delivered a $1.5 million factoring facility to a company that manufacturers and packages frozen treats for well-known food and beverage companies. The funds were used to expand this contract …
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• Prestige Capital Announces $2.0 Million for a Reverse Logistics Company Posted on December 2, 2020NEW JERSEY (November 24, 2020)  – Prestige Capital Finance, LLC recently delivered a $2.0 million factoring facility to a reverse logistics company that specializes in managing excess inventory on behalf of its retail clients. The company helps retailers sort clearance …
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• Prestige Capital Announces $5 Million for a Leveraged Buyout Posted on November 11, 2020NEW JERSEY ((November 9, 2020)  – Prestige Capital Finance, LLC recently delivered a $5million factoring facility to a Southeast-based company that focuses on the manufacturing and assembly of corrugated retail displays. The funds were used to acquire a smaller corrugated …
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• Prestige Capital Announces $7 million in additional PPE Funding Posted on September 11, 2020NEW JERSEY (September 2, 2020)  – Prestige Capital Finance, LLC is proud to continue funding PPE providers. In July alone, Prestige provided $7 million to two companies to fund the manufacturing and importing of masks, swab transport containers, disinfectant wipes …
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• Prestige Capital Announces a Participation of $1,500,000 For Non-Durable Goods Distributor Posted on September 9, 2020NEW JERSEY (August 26, 2020)  – Continuing its commitment to help during the pandemic, Prestige Capital Finance, LLC recently participated in funding for a non- durable goods distributor based in Rhode Island. Prestige provided $1.5 million to this New England …
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• Prestige Capital Announces Funding of $2,000,000 For a Large Grower of Potted and Indoor Plants Posted on August 18, 2020NEW JERSEY (August 18, 2020)  – Plants can boost mood, reduce stress, and improve air quality. That’s why Prestige Capital Finance, LLC is pleased to announce the recent closing of a $2,000,000 factoring arrangement for a California-based plant farm, specializing …
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• Prestige Capital Announces Funding of $2,500,000 for Distributor of Vascular Tubing, Catheters and Pediatric Intravenous Kits Posted on May 22, 2020NEW JERSEY (May 19, 2020) – Prestige Capital Finance, LLC is pleased to announce the closing of a $2,500,000 factoring arrangement for a Florida – based designer and distributor of vascular tubing, catheters and pediatric intravenous kits for sale to …
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• Prestige Capital Retains Midwest Sales Director Posted on October 15, 2019Fort Lee, N.J. (October 15, 2019) – Prestige Capital, a 34-year-old specialty finance company based in Ft. Lee, NJ recently hired Stacey Huddleston of Kansas City, Missouri to join its team as Sales Director, Midwest. Mr. Huddleston has almost two decades …
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• Prestige Capital Continues Expansion with the Addition of Larry Artman Posted on July 10, 2019Fort Lee, N.J. (July 10, 2019) – Prestige Capital, a 35-year-old factoring firm based in Ft. Lee, NJ has hired Larry Artman of Marietta, Georgia, to join its team as Sales Director, Southeast. Mr. Artman has more than 35 years …
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• Great Elm Capital Corp. Announces Investment inPrestige Capital Posted on February 25, 2019Waltham, Mass., February 22, 2019 – Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), announced that on February 8, 2019 it acquired 80.0% of the outstanding equity interests inPrestige Capital (“PCC”) from PCC’s retiring founder, Harvey Kaminski. …
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• Prestige Capital Announces the Promotion of Rachel Hersh to the Position of Sales Director, North America Posted on January 30, 2019Fort Lee, N.J. (January 30, 2019) – Rachel Hersh, based in New York and Long Island, was recently promoted to Sales Director, North America at Prestige Capital, a 35-year-old factoring firm based in Ft. Lee, NJ. Rachel has more than …
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• Prestige Capital Closes $18.7 Million in New Business Posted on February 1, 2016Prestige Capital January Results
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• Prestige Capital Launches New Website Posted on September 18, 2015Prestige Capital Corporation Website Launch Press Release
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• Prestige Capital Announces Rachel Hersh as Northeast Sales Director Posted on April 16, 2007Industry veteran Rachel Hersh has joinedPrestige Capital as Northeast Sales Director.
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