$ 1,000,000| Factoring | New York
$ 1,000,000| Factoring | New York
Client:
NY based architectural metal and glass company.
Situation:
The client’s orders were growing quickly and they were having difficulty with cash flow with their current bank line.
Need:
A larger line to support their growth. Their banker recognized that by replacing their bank credit line with cash flow on their invoices, the client would be able to accept much larger contracts whose invoices would be financed by Prestige.
Solution:
The client is now able to take on much larger orders. They are grateful that their banker recognized that Prestige’s program was a better fit for their rapid growth than traditional bank financing.
