A re-start of a company lacked financing for working capital needs.
Consumer Electronics Company
The bank for this eight-year-old seasonal business failed to close a new line of credit in a timely manner.
Architectural Design Firm
The six-year-old firm obtained a large project to design an amusement park exhibit which was billed on a progress basis with extended terms
Product Repair Company
The eleven-year-old company was previously funded by a private investor but needed an immediate capital infusion as it was on the brink of insolvency. The client and its advisors were deciding whether to file for bankruptcy or restructure out of court. The client was introduced to Prestige by its attorney who knew that Prestige has long history of success in providing financing to companies in financial distress.
Sustainable Building Systems
A three-year-old environmentally friendly company had experienced strong growth. Given its short history and inability to show strong financial performance, the company was unable to obtain traditional bank financing. Prestige was introduced to the client by a banker who was unable to provide a loan but wanted to provide banking services to the company.