$ 300,000| Technology| Boston


Boston Technology Company


The client’s business was growing rapidly as his business was in the rapidly growing sector known as IoT (internet of things).


As additional restaurants were signing up for the client’s services, the company realized that their existing financing was insufficient for such rapid growth.


By partnering with Prestige Capital, he was able to keep cash flow steady and sign on new accounts at a rapid pace. This was done without seeking additional equity, which would have required substantial time and energy during this fast-paced sales cycle.