$ 750,000| Factoring| New Jersey
New Jersey-based snow removal company with $3 million in annual sales.
Six-year-old business had outgrown its line of credit with a local bank.
The client needed a larger financing facility to support seasonal demands and accelerate cash flow.
Prestige provided a $750,000 factoring line to solve the immediate cash flow crunch and provide for seasonal sales fluctuations.
400 Kelby St., 10th Floor
Fort Lee, NJ 07024
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