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 will be responsible for continuing to grow Prestige Capital’s footprint in North America.

“In the 12 years that Rachel has been with Prestige, she has successfully expanded partnerships across the continent. This title better reflects the broad reach that Rachel has established and will continue to maintain for Prestige Capital,” said Stuart Rosenthal, Prestige Capital’s Executive Vice President.

Rachel has gained national recognition as one of the most influential and successful business development officers in the factoring industry. She was also featured in 2018 CFA’s Women in Commercial Finance. Rachel has recently been interviewed as a thought leader on the factoring industry on 77WABC Mind Your Business. She is a frequent speaker on finance panels, including seminar presentations to commercial banks, law firms, accounting firms, and has been a speaker at the Daymond John Academy. She has authored numerous articles and has a featured monthly blog.

About Prestige Capital

Prestige Capital founded in 1985, is a commercial finance company which specializes in factoring for early stage and mid-size companies. They purchase invoices from a broad spectrum of businesses whose accounts receivable range from $100,000 to $25 million. Financing situations range from growth financing, refinancing, leverage buyouts, turnaround and DIP financing. For decades, Prestige has been a leader in financing new industries such as artificial intelligence, innovative software, telecommunications, and energy conservation companies, as well as, traditional industries such as staffing, construction, consumer products, and many others. For more information about Prestige Capital, visit: or call 201-944-4455.


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