Prestige Capital Announces $5 Million for a Leveraged Buyout

NEW 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 display company in a new market as well as ongoing working capital needs for both entities.

To complete the leveraged buyout of this point-of-purchase display company, Prestige used the acquired company’s accounts receivable as well as the purchaser’s accounts receivable. The acquiring company received funding within weeks of their completed application.

“Prestige is thrilled that this former client had the trust and faith in us to facilitate this transaction,” said Stuart Rosenthal, President of Prestige Capital. “With the fundsavailable, these unified companies now have the ability to serve additional markets

throughout the country and grow their base.”

Over the past few months, Prestige Capital has funded a record number of businesses.

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 display company in a new market as well as ongoing working capital needs for both entities.

To complete the leveraged buyout of this point-of-purchase display company, Prestige used the acquired company’s accounts receivable as well as the purchaser’s accounts receivable. The acquiring company received funding within weeks of their completed application.

“Prestige is thrilled that this former client had the trust and faith in us to facilitate this transaction,” said Stuart Rosenthal, President of Prestige Capital. “With the fundsavailable, these unified companies now have the ability to serve additional markets

throughout the country and grow their base.”

Over the past few months, Prestige Capital has funded a record number of businesses.

Companies continue to see accounts receivable financing as a viable option during the pandemic to take advantage of opportunities for growth.

About Prestige Capital

For over 34 years, Prestige Capital has helped nearly one thousand Early Stage and Mid-Size companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital. Visit www.prestigecapital.com or call 877-944-4455 to learn more.