Technology Company

  • Information Technology Company

    $ 1,000,000

    Factoring

    Texas
    • Client: Texas-based Information technology company with $6 million in annual sales.

    • Situation: The five-year-old company obtained a $5.5 million three-year contract.

    • Need: The client needed immediate working capital to pay its overseas service subcontractor in a timely fashion.

    • Solution: Prestige quickly met with management at their Texas headquarters and funded over $1 million of accounts receivable within four business days.