Manufacturer Sports Nutrition
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.