$ 3,000,000| Factoring | New York
New York-based social media publisher with $8 million in annual sales.
The four-year-old company was experiencing rapid growth due to the proliferation of social media across corporations.
The client needed a flexible working capital facility to keep pace with increasing operating expenses.
In less than two weeks from initial inquiry, Prestige was able to provide a $3 million line to the publisher, thereby freeing the business owners to pursue new creditworthy business.
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