Early Stage Financing

Entrepreneurs often lack the operating history necessary to raise capital to finance a business. Factoring is often used by startups to provide the capital necessary to get a business off the ground.

  • Call Center

    $ 1,000,000

    Factoring

    Florida

    • Client: Florida-based call center with $15 million in annual sales.

    • Situation: A re-start of a company lacked financing for working capital needs.

    • Need: This fast-growing company was looking to keep its cash flow moving smoothly and did not want to dilute its ownership through equity financing.

    • Solution: Prestige provided a $1 million dollar factoring line with a tiered pricing structure based on volume.

  • Nutritional Juice Company

    $ 750,000

    Factoring

    New York

    • Client: New York-based nutritional juice company.

    • Situation: Early stage venture looking for start-up financing.

    • Need: The client was seeking an alternative to equity funding to fulfill its initial orders from a big box retailer.

    • Solution: Prestige provided a $750,000 factoring line in less than seven business days which allowed the juice company to fulfill the orders and take advantage of new opportunities.

Similar Pages: Dip Financing | Bridge Financing | Invoice Factoring