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Architectural Design Firm

  • Architectural Design Firm

    $ 1,000,000

    Factoring

    Connecticut
    • Client: Connecticut-based architectural design firm with $10 million in annual sales.

    • Situation: 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

    • Need: The client needed immediate access to cash flow for payroll and overhead expenses.

    • Solution: Within four business days, Prestige creatively confirmed payment with the customer and subsequently funded the initial phase of the project. That funding allowed the project to continue seamlessly.