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Working Capital

A measure of both a company’s efficiency and its short-term financial health, working capital is the cash a business requires to fund day-to-day operations. At times, working capital constraints occur due to rapid growth, seasonality, delayed customer payments and other unexpected events. Factoring provides immediate access to cash for business owners.

  • Georgia Hair Accessory Company

    $ 600,000

    Consumer Products

    • Client: Georgia Hair Accessory Company

    • Situation: This company won an award as best new retail product and was awarded wide distribution in all regions of the chain.

    • Need: The client needed immediate cash flow to pay their suppliers in a timely manner.

    • Solution: Within two weeks, the client was able to factor their invoices enabling them to pay their supplier in a timely manner.

  • California AI Company

    $ 25,000,000

    Consumer Products

    • Client: California AI Company

    • Situation: The client needed liquidity in the 4th quarter to pay suppliers during their busy holiday season.

    • Need: The client was actively seeking an increase in their bank line to support their growth, however, the bank was not comfortable giving a line increase at this time.

    • Solution: Prestige was able to work with the bank in a carve out situation, to finance the client’s largest retail receivables to provide liquidity to pay their suppliers in a timely manner.

  • Massachusetts Toy Company

    $ 2,000,000

    Consumer Products

    • Client: Massachusetts Toy Company

    • Situation: This company had been purchased in bankruptcy by an investor and required cash flow for operations.

    • Need: Client needed immediate cash flow for operations and for payment licensing fees.

    • Solution: Within one week Prestige Capital financed the client’s receivables enabling client to pay licensing fees in a timely manner, as well as, provide ongoing cash flow to pay suppliers.

  • New York Watch Company

    $ 2,000,000

    Consumer Products

    New York
    • Client: New York Watch Company

    • Situation: Company was seeking immediate cash flow during their busy fourth quarter.

    • Need: Since their bank was unable to provide a loan, an introduction to Prestige was made to provide invoice financing.

    • Solution: Within one week the client financed $1,000,000 of receivables enabling them to pay their suppliers in a timely manner.

  • New Jersey Manufacturing

    $ 200,000


    New Jersey
    • Client: New Jersey Manufacturing

    • Situation: Company wanted a fast, simple credit line that was accessible when needed.

    • Need: On occasion the customer experienced demand spikes. They needed a facility in place to handle an immediate need for capital.

    • Solution: Prestige Capital’s flexibility allows for no minimum borrowing requirements, quick closing speed, and a nominal fee to close.

Similar Pages: Dip Financing | Bridge Financing | Invoice Factoring