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Dental Hygiene Inventor

  • Dental Hygiene Inventor

    $ 1,000,000

    Factoring

    Florida
    • Client: Florida-based dental hygiene inventor.

    • Situation: After many years of development, a start-up with an innovative product was successful in reaching an exclusive agreement with a large national retailer.

    • Need: Due to the sales concentration risk, the client had difficulty obtaining traditional financing from a bank.

    • Solution: Prestige provided a factoring facility of $1 million without restrictive covenants related to the sales concentration account.