Digital Media Company

  • Digital Media Company

    $ 750,000

    Factoring

    New York
    • Client: Upstate New York digital media company

    • Situation: The client developed digital technology that was being sold to big box retailers. The orders from the retailers were coming in fast and the client couldn’t keep up fulfilling the orders.

    • Need: The client needed working capital to be able to fulfill the orders from the retailers in a timely manner.

    • Solution: In less than one week from the initial call with the client, Prestige provided a $750,000 factoring line of credit which improved their cash flow and enabled the client to fulfill the back log of orders and ongoing working capital.