The concept began to gain momentum as the partners educated the business community about this type of funding. At the heart of their business was a love for helping small and medium-sized businesses, as well as the reward of seeing new companies launch and struggling businesses succeed.
Shortly thereafter, the partners retained the talent of Stuart Rosenthal and Alan Eliasof. Rosenthal brought decades of experience in the commercial finance industry. And, Eliasof possessed unparalleled finance knowledge having worked previously with private companies and public accounting firms. Together, this leadership team, brought Prestige Capital to new heights.
In February of 2019, Great Elm Capital Corp. a majority share of Prestige Capital, while the remaining equity is retained by Rosenthal and Eliasof – who act as President and Chief Executive Officer, respectively. GECC saw Prestige Capital’s long-term track record of success and continued growth, and wanted to be a part of it. With a strong capital partner like GECC, Prestige Capital will further expand their footprint throughout North America and continue to offer customers fast and simple cash flow solutions. In other words, cash flow made simple.