- Prestige Capital extends $1,000,0000 in funding to a CBD Wellness Brand (11/17/2022) - FORT LEE, NJ (NOV 2022) — This innovative CBD company needed growth capital but since most banks are unable to fund this industry, they started to explore alternative solutions. The company was working with a few large retailers but couldn’t get the funding needed in order to pay vendors […]
- Prestige Capital Supports the New Owners of a New York based Construction and Design Firm with $12,000,000 in Funding (3/31/2022) - FORT LEE, NJ (MARCH 2022) — A New York based construction design consulting firm was acquired by new owners. They were unable to get funding from their bank due to legal and financial issues that took place under previous ownership. Though their bank had recently exited their loan, their […]
- Prestige Announces $500,000 for a Sustainable Beauty Products Firm (3/18/2021) - NEW JERSEY (February 10, 2021) – Prestige Capital Finance, LLC recently provided $500,000 to a sustainable beauty firm. The beauty firm recently signed contract with a chain of retail stores and needed fast financing to fill orders. The sustainable beauty movement has gained momentum as consumers are more conscious about […]
- Prestige Capital Announces $500,000 for an Interior Furnishings Company (2/11/2021) - NEW JERSEY (January 20, 2021) – Prestige Capital Finance, LLC recently delivered $500,000 in growth capital to a distributor of air ventilation products to meet COVID building protocols. Given the early stage of the business, capital was required to deliver goods. Already in the construction industry, this New York-based company […]
- Prestige Capital Announces $1.5 Million for a Contract Manufacturer (12/15/2020) - NEW JERSEY (December 9, 2020) – Prestige Capital Finance, LLC recently delivered a $1.5 million factoring facility to a company that manufacturers and packages frozen treats for well-known food and beverage companies. The funds were used to expand this contract manufacturer’s product line. Initially introduced by a purchase order […]
- Prestige Capital Announces $2.0 Million for a Reverse Logistics Company (12/2/2020) - NEW JERSEY (November 24, 2020) – Prestige Capital Finance, LLC recently delivered a $2.0 million factoring facility to a reverse logistics company that specializes in managing excess inventory on behalf of its retail clients. The company helps retailers sort clearance merchandise and retag and repackage past-season, factory-excess and customer […]
- Prestige Capital Announces $5 Million for a Leveraged Buyout (11/11/2020) - NEW JERSEY ((November 9, 2020) – Prestige Capital Finance, LLC recently delivered a $5million factoring facility to a Southeast-based company that focuses on the manufacturing and assembly of corrugated retail displays. The funds were used to acquire a smaller corrugated display company in a new market as well as […]
- Prestige Capital Announces $7 million in additional PPE Funding (9/11/2020) - NEW JERSEY (September 2, 2020) – Prestige Capital Finance, LLC is proud to continue funding PPE providers. In July alone, Prestige provided $7 million to two companies to fund the manufacturing and importing of masks, swab transport containers, disinfectant wipes and more. “The funding of this plant farm is […]
- Prestige Capital Announces a Participation of $1,500,000 For Non-Durable Goods Distributor (9/9/2020) - NEW JERSEY (August 26, 2020) – Continuing its commitment to help during the pandemic, Prestige Capital Finance, LLC recently participated in funding for a non- durable goods distributor based in Rhode Island. Prestige provided $1.5 million to this New England company as part of a carve out of certain […]
- Prestige Capital Announces Funding of $2,000,000 For a Large Grower of Potted and Indoor Plants (8/18/2020) - NEW JERSEY (August 18, 2020) – Plants can boost mood, reduce stress, and improve air quality. That’s why Prestige Capital Finance, LLC is pleased to announce the recent closing of a $2,000,000 factoring arrangement for a California-based plant farm, specializing in potted and indoor blooming plants. The proceeds from […]
- Prestige Capital Announces Funding of $2,500,000 for Distributor of Vascular Tubing, Catheters and Pediatric Intravenous Kits (5/22/2020) - NEW JERSEY (May 19, 2020) – Prestige Capital Finance, LLC is pleased to announce the closing of a $2,500,000 factoring arrangement for a Florida – based designer and distributor of vascular tubing, catheters and pediatric intravenous kits for sale to institutional medical concerns. The company was tasked by a […]
- Prestige Capital Continues Expansion with the Addition of Larry Artman (7/10/2019) - Fort Lee, N.J. (July 10, 2019) – Prestige Capital, a 35-year-old factoring firm based in Ft. Lee, NJ has hired Larry Artman of Marietta, Georgia, to join its team as Sales Director, Southeast. Mr. Artman has more than 35 years of experience in the financial services sector and will […]
- Great Elm Capital Corp. Announces Investment inPrestige Capital (2/25/2019) - Waltham, Mass., February 22, 2019 – Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), announced that on February 8, 2019 it acquired 80.0% of the outstanding equity interests inPrestige Capital (“PCC”) from PCC’s retiring founder, Harvey Kaminski. PCC is a commercial finance company specializing in factoring […]
- Prestige Capital Announces the Promotion of Rachel Hersh to the Position of Sales Director, North America (1/30/2019) - Fort Lee, N.J. (January 30, 2019) – Rachel Hersh, based in New York and Long Island, was recently promoted to Sales Director, North America at Prestige Capital, a 35-year-old factoring firm based in Ft. Lee, NJ. Rachel has more than 20 years of experience in the factoring industry and […]
- Prestige Capital Closes $18.7 Million in New Business (2/1/2016) - Prestige Capital January Results
- Prestige Capital Launches New Website (9/18/2015) - Prestige Capital Corporation Website Launch Press Release
- Prestige Capital Announces Rachel Hersh as Northeast Sales Director (4/16/2007) - Industry veteran Rachel Hersh has joinedPrestige Capital as Northeast Sales Director.
Press ReleasesPrestige Capital2018-06-26T06:07:54+00:00
