New Jersey Security Firm Secures a $1,500,000 Line for Business Expansion from Prestige Capital
FORT LEE, NJ (MAR 2024) — A New Jersey-based security company, committed to providing safety to inner-city housing developments, sought funds to fuel their business expansion. Presented with promising opportunities to undertake new contracts, the company needed additional resources to hire additional security guards and meet the growing demand for their services. To fulfill their goals and continue serving the community, they turned to Prestige Capital for assistance.
Fortunately, Prestige Capital proved to be a valuable partner, providing the necessary working capital to support the security company's expansion efforts.
Stuart Rosenthal, President of Prestige Capital, expressed his satisfaction with the collaboration, stating, "It was gratifying to support a local company in need of our assistance. Despite being a national company, there's a unique satisfaction in contributing to the growth of businesses close to home."
With newfound financial support, this burgeoning security company is now well-equipped with the cash flow and strategic partnerships needed to navigate and thrive in its expanding market.
About Prestige
Since 1985, Prestige Capital, a commercial finance company, has been funding clients directly by turning invoices into cash. We purchase invoices from a broad range of companies with annual sales ranging from $2 million to $300 million. Prestige Capital continues to help companies that either do not qualify for traditional bank financing or need financing faster than a bank’s lengthy underwriting process allows.
Contact
Prestige Capital
400 Kelby St., 10th Floor
Fort Lee, NJ 07024 USA
Toll-free Phone: 877-944-4455