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Leverage Buyout

With factoring, acquiring companies can turn the accounts receivable of a target company into immediate cash flow to acquire the company and provide for its ongoing capital needs.


  • Novelty Product Manufacturer

    $ 2,250,000

    Factoring

    Massachusetts
    • Client: Massachusetts-based Novelty Product Manufacturer.

    • Situation: 11-year-old company was being liquidated by its existing lender.

    • Need: One of the company’s existing owners was seeking to acquire and re-start a profitable division of the company.

    • Solution: Prestige provided financing to fund the acquisition of certain property of the liquidating estate from the lender and support future growth.

  • Call Center

    $ 5,000,000

    Factoring

    Ontario, Ontario
    • Client: Ontario, Canada-based call center with $50 million in annual sales.

    • Situation: Ten-year-old call center was being acquired by a U.S. investor group.

    • Need: The investors were seeking to leverage the receivables of the call center to complete the acquisition and provide ongoing working capital.

    • Solution: In less than two weeks from the initial inquiry, Prestige provided a $5 million factoring line, allowing the buyers to complete the cross-border acquisition with a nominal equity investment.

Similar Pages: Dip Financing | Bridge Financing | Invoice Factoring