prestige financial invoice factoringdip financingfactoring servicesprestige brokers

Service Providers

  • Creative Services Firm

    The one-year-old company creates advertising jingles for airlines and other clients. It takes the firm 45 to 60 days to generate billable work and then an additional 45 days before payments are received. This lengthy cycle resulted in cash flow constraints for the firm.

  • Security Guard Company

    Two-year-old company faced a 45 day gap between invoicing and receiving payments from customers.

  • Software Consultant

    The six-year-old company was seeking to refinance its line when it became a victim of a bait and switch scenario by an unscrupulous lender. Shortly before loan closing the company learned that the lender’s actual terms varied drastically from the original proposal.

  • Refrigeration and A/C Services

    The fifteen-year-old seasonal business had fluctuations in sales and cash flow throughout the year. A request for a line increase to provide additional working capital during peak periods was declined by their bank.

  • Snow Removal Company

    Six-year-old business had outgrown its line of credit with a local bank.