Snow Removal Company

• Snow Removal Company

  $ 750,000

  Factoring

  New Jersey

  • Client: New Jersey-based snow removal company with $3 million in annual sales.

  • Situation: Six-year-old business had outgrown its line of credit with a local bank.

  • Need: The client needed a larger financing facility to support seasonal demands and accelerate cash flow.

  • Solution: Prestige provided a $750,000 factoring line to solve the immediate cash flow crunch and provide for seasonal sales fluctuations.