prestige financial invoice factoringdip financingfactoring servicesprestige brokers

New York Watch Company

  • New York Watch Company

    $ 2,000,000

    Consumer Products

    New York
    • Client: New York Watch Company

    • Situation: Company was seeking immediate cash flow during their busy fourth quarter.

    • Need: Since their bank was unable to provide a loan, an introduction to Prestige was made to provide invoice financing.

    • Solution: Within one week the client financed $1,000,000 of receivables enabling them to pay their suppliers in a timely manner.