$ 2,500,000|Income Financing |New York
- Client: New York based paratransit company.
- Situation: Client was factoring its receivables with another factor and needed a larger line that the current factor was not able to support.
- Need: Client needed to double its existing factoring facility quickly to support two new contracts.
- Solution: Prestige paid off the existing factoring line and provided liquidity and peace of mind as the client executed its new contracts.