Solar Panel Engineering Firm

  • Solar Panel Engineering Firm

    $ 3,000,000

    Factoring

    West Coast
    • Client: West Coast solar panel engineering firm

    • Situation: Client’s business had been funded by investors. As business grew rapidly, the investors required that the company obtain additional working capital for payroll and other day to day needs.

    • Need: Client was seeking a finance company that understood the nature of their business and who could finance invoices that are often billed in milestones.

    • Solution: Their investment banker brought the client to Prestige and within a week Prestige was able to put a facility in place that pleased their investors and gave the client the working capital that they needed to keep pace with their rapid growth.