$ 2,750,000| Factoring | New York Client: New York-based hosiery manufacturer with $3 million in annual sales. Situation: This ten-year-old company had an opportunity to accept a $10 million dollar order from a well-known retailer but lacked adequate financing. [read more]
$ 1, 500,000| Factoring | U.S. Subsidiary Client: A light manufacturer, which was a domestic subsidiary of an insolvent foreign parent company. Situation: The foreign parent company defaulted on its loan obligation, and even though the subsidiaries were not parties [read more]
$ 40,000,000| Factoring | Midwest Client: Midwest automotive parts manufacturer. Situation: 22-year-old manufacturer was in aggressive acquisition mode during the downturn in the automotive industry. Need: The client wanted to partner with a commercial finance [read more]
$ 3,000,000| Factoring | East Coast Client: East Coast high-end branded liquor manufacturer. Situation: The start-up company, which was originally seeking equity financing, was introduced to Prestige by a bank seeking their non-lending business. The client had a 100% sales [read more]
$ 300,000| Factoring | New Jersey Client: U.S. Subsidiary of German carton manufacturer with $5 million in annual sales. Situation: The ten-year-old subsidiary was historically funded by its foreign parent company. Due to the global banking environment, the parent company [read more]
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