Like many sectors, food service vendors have been caught up in the recent severe lending credit environment. In large measure, the banks are not responsible as they are merely reacting to the warnings of government regulators. As has always been the case, banks must reasonably comply with both internal [read more]
Harvey Kaminski, President ofPrestige Capital of Fort Lee, New Jersey, and Stuart Rosenthal, Prestige’s Executive Vice President, often draw upon their Jewish roots and beliefs when designing their approach to transacting business.
The old adage that difficult economic times create unusual opportunities seems to patently apply to the factoring industry. We are all cognizant that banks sharply curtailed their lending as a reaction to the economic downturn. This development allowed many factors with strong banking relationships, includingPrestige Capital, to review and [read more]
Prestige Capital Corporation is pleased to introduce you to ITAC (Industrial Technology Assistance Corporation), possibly one of New York City’s best kept secret weapons against the rising costs of doing business in the Big Apple. A nonprofit economic development organization, ITAC's mission is to strengthen the New York City [read more]
It takes money to make money, as any business owner knows. But many small businesses also know what it’s like to be turned down by a bank for a loan or line of credit, not get as much as they need, or simply not get the cash quickly enough [read more]