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Credit Protection |
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In addition to our traditional factoring services, we provide credit protection, without advances, for clients who require credit coverage on higher risk orders in excess of $300,000. Some benefits of our credit protection product are as follows: |
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- Prestige takes 100 percent of the credit risk on all approved orders. You no longer have to worry about credit losses or the rejection of an order due to questionable credit.
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- There are no deductibles or splitting of risk on claims.
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- Quick approvals-usually within 24 hours.
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- Coverage includes bankruptcy and all other financial reasons for non-payment. Coverage does not cover disputes or returns.
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- Claims are processed promptly.
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- Prestige Capital Corporation covers high risk retailers, manufacturers, and service providers, including companies in Chapter 11 that other factors or insurance companies do not protect.
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