$ 2,500,000| Factoring | Utah
$ 2,500,000| Factoring | Utah
Client:
Utah Computer Equipment Manufacturer
Situation:
Fortune 500 company selling a small division of their company who had a major concentration in one customer.
Need:
Buyer was looking for financing to supplement their limited equity contribution toward the purchase of business.
Solution:
With the assistance of their investment banker, Prestige Capital was willing and able to provide the needed leverage to finalize the sale.