$ 1,000,000| Factoring| Connecticut
$ 1,000,000| Factoring| Connecticut
Client:
Connecticut-based architectural design firm with $10 million in annual sales.
Situation:
The six-year-old firm obtained a large project to design an amusement park exhibit which was billed on a progress basis with extended terms
Need:
The client needed immediate access to cash flow for payroll and overhead expenses.
Solution:
Within four business days, Prestige creatively confirmed payment with the customer and subsequently funded the initial phase of the project. That funding allowed the project to continue seamlessly.
