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NY Lifestyle Magazine

  • Lifestyle Magazine

    $ 1,200,000

    Service

    New York
    • Client: NY Lifestyle Magazine

    • Situation: Client sought immediate cash flow to continue running operations during their off season.

    • Need: Because of the seasonality of their business their financials made it extremely difficult to obtain bank financing.

    • Solution: As a factoring company, Prestige was able to finance their invoices even though they are seasonal by nature and was able to fund the client in two weeks, enabling them to make payroll and pay their printer.