FORT LEE, NJ (AUG 2023) — Prestige Capital is pleased in announcing that Mark J. Simshauser has joined our team as Senior Director – Northeast US responsible for building and driving business development throughout the Northeast region.

“I’ve known Mark for many years and have consistently been impressed by his marketing skill set and his genuine assistance to his clients. His detailed comprehension of restructuring and growth capital financing situations is paramount, as Prestige Capital is dedicated in crafting personalized working capital solutions for companies seeking our support, rather than forcing them into a predefined credit framework. Mark’s in-depth asset based – invoice financing industry understanding, vast experience, and “solutions driven” nature will benefit both our clients and team significantly,” said Stuart Rosenthal, President of Prestige Capital. “We are delighted to have him join the Prestige Capital family.”

Mr. Simshauser brings over 20 years of SME and middle market financing experience. His career began in 1999 at FINOVA Capital, where he developed financing opportunities across the country for multiple financing groups of the parent company.  Since then, Mark has built commercial loan portfolios for national banks, regional banks, and “non-bank” independent finance companies driving direct loan growth and insitiutional profitbaility throughout the Northeast.

“I’ve always wanted to be a part of an aggressive and well respected platform further reinforced by outstanding senior executive leadership. Stu, Alan, and the entire Prestige team, in all honesty, embody that culture and strong industry reputation. I’m excited in joining forces and becoming an integral part of an industry leader.,” said Senior Director, Mark Simshauser.

Mark can be contacted directly at msimshauser@presigecapital.com or at (516) 660-4501.

About Prestige

Since 1985, Prestige Capital, a commercial finance company, has been funding clients directly by turning invoices into cash. We purchase invoices from a broad range of companies with annual sales ranging from $2 million to $300 million. Prestige Capital continues to help companies that either do not qualify for traditional bank financing or need financing faster than a bank’s lengthy underwriting process allows.