Consumer Goods and Services
The foreign parent company defaulted on its loan obligation, and even though the subsidiaries were not parties to the loan agreement, they found themselves without a lender while the matter was being resolved.
Dental Hygiene Inventor
After many years of development, a start-up with an innovative product was successful in reaching an exclusive agreement with a large national retailer.
Novelty Product Manufacturer
11-year-old company was being liquidated by its existing lender.
Consumer Electronics Company
The bank for this eight-year-old seasonal business failed to close a new line of credit in a timely manner.
Product Repair Company
The eleven-year-old company was previously funded by a private investor but needed an immediate capital infusion as it was on the brink of insolvency. The client and its advisors were deciding whether to file for bankruptcy or restructure out of court. The client was introduced to Prestige by its attorney who knew that Prestige has long history of success in providing financing to companies in financial distress.