$ 750,000| Factoring| New York
$ 750,000| Factoring| New York
Client:
New York-based Microsoft software consultant with $4 million annual sales.
Situation:
The six-year-old company was seeking to refinance its line when it became a victim of a bait and switch scenario by an unscrupulous lender. Shortly before loan closing the company learned that the lender’s actual terms varied drastically from the original proposal.
Need:
The client was in need of immediate financing and wanted a lender they could trust.
Solution:
Prestige provided a fast, simple and straightforward proposal and closed on a factoring facility within five business days.
