FORT LEE, NJ (MAR 2023) — A Southeast-based subsidiary of a European holding company was introduced to Prestige by one of its premier referral sources seeking a solution to expand its call center operations and repay some of its intracompany advances. Within two weeks of signing the proposal letter, [read more]
By Rachel Hersh At this time of year, as we reflect on all that we are thankful for, I extend my thanks to the community that I have been part of for over 25 years. This year I am extremely grateful to be back in person. There is nothing [read more]
FORT LEE, NJ (NOV 2022) — This innovative CBD company needed growth capital but since most banks are unable to fund this industry, they started to explore alternative solutions. The company was working with a few large retailers but couldn’t get the funding needed in order to pay vendors [read more]
$ 750,000 | Income Financing | New Jersey Client: New Jersey-based importer of gift tea packages with $22 million in annual sales. Situation: The sixty-five-year-old company had historically been self-funded. The importer began to purchase inventory from a new overseas supplier [read more]
$ 1,000,000 | Income Financing | New York Client: NY based Perfume Distributor Situation: The client had large invoices from Overstock.com Need: Client needed to finance their invoices in order to pay suppliers so that [read more]
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