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Textile Designers and Manufacturers

  • Textile Designers and Manufacturers

    $ 500,000

    Factoring

    New Jersey
    • Client: New Jersey Textile designers and manufacturers

    • Situation: Company needed financing to import materials to create, manufacture and sell to their large customer

    • Need: Both Purchase Order Financing and Accounts Receivable Financing to import raw materials for textile product manufacturing.

    • Solution: Prestige was able to arrange for factor’s assurance letter to their key suppliers enabling them to import the goods that they needed to manufacture their product.