$ 2,250,000| Factoring | Massachusetts
$ 2,250,000| Factoring | Massachusetts
Client:
Massachusetts-based Novelty Product Manufacturer
Situation:
11-year-old company was being liquidated by its existing lender.
Need:
One of the company’s existing owners was seeking to acquire and re-start a profitable division of the company.
Solution:
Prestige provided financing to fund the acquisition of certain property of the liquidating estate from the lender and support future growth.
