Situation: Client’s business had been funded by investors. As business grew rapidly, the investors required that the company obtain additional working capital for payroll and other day to day needs.
Need: Client was seeking a finance company that understood the nature of their business and who could finance invoices that are often billed in milestones.
Solution: Their investment banker brought the client to Prestige and within a week Prestige was able to put a facility in place that pleased their investors and gave the client the working capital that they needed to keep pace with their rapid growth.
400 Kelby St., 10th Floor
Fort Lee, NJ 07024