Manufacturer Sports Nutrition

  • Manufacturer

    $ 500,000

    Factoring

    Florida
    • Client: Florida-based manufacturer of sports nutrition products.

    • Situation: After two years of research and development, the early stage company started generating revenue and needed to turn their invoices into immediate cash.

    • Need: The client needed cash to pay their suppliers up-front and to fund other working capital needs.

    • Solution: In six business days, Prestige provided a $500,000 factoring line of credit to the client which provided working capital and supported the company’s growth plan.