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New York Truck Repair

  • New York Truck Repair

    $ 200,000

    Automotive

    New York
    • Client: New York Truck Repair

    • Situation: Company had a significant growth with one customer.

    • Need: Customer created a strain on the company’s cash flow due to a significant increase in volume. Customer was unable to buy materials needed to service the customer in an efficient manner.

    • Solution: Prestige Capital was able to fund the customer’s receivables even though they had a huge concentration with the one customer. Prestige Capital’s flexibility enabled us to fund receivables of customers that have large receivable concentrations.