My contribution to the Innovation Finance Playbook
I was so pleased when my colleague, Jonathan Bragdon made a warm introduction to his friend and colleague, Aunnie Patton.
Prestige Capital Extends A $10,000,000 AR Finance Facility for Southeast Call Center Committed to Maintaining a Human Touch
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]
A Thanksgiving Message
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]
Prestige Capital extends $1,000,0000 in funding to a CBD Wellness Brand
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]
IMPORTER OF GIFT TEA PACKAGES
$ 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]
