$ 250,000| Factoring| New York
$ 250,000| Factoring| New York
Client:
New York-based security guard company with $1 million in annual sales
Situation:
Two-year-old company faced a 45 day gap between invoicing and receiving payments from customers.
Need:
The client needed financing to make payroll, take on new customers and prepare for seasonal peaks.
Solution:
In less than three business days from application, Prestige funded their weekly payroll. The client is now able to bid on and secure additional large contracts with the confidence that payroll will always be met.