Prestige Capital Provides $3,000,000 Facility to New Jersey–Based Bed Frame Manufacturer
SADDLE BROOK, NJ (AUG 2026) — A New Jersey–based manufacturer of bed frames has secured a $3,000,000 invoice financing facility from Prestige Capital to support working capital needs as the company navigates a period of operational and financial recovery. Faced with significant revenue disruption stemming from circumstances outside its control, the company required a financing partner willing to look beyond recent financial performance and focus on the underlying strength of its business and receivables.
"Sometimes strong businesses face extraordinary setbacks that have nothing to do with the quality of their operations or their customers," said Rachel Hersh, Sales Director, North America at Prestige Capital. "Our job is to look past the noise and focus on what matters: the receivables. This manufacturer has a real business with real customers, and we were glad to step in with a solution that gives them a genuine path forward."
With Prestige Capital's financing in place, the company is well-positioned to restore operational stability, meet customer demand, and continue its recovery, with the working capital flexibility needed to move forward with confidence.
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 $3 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.
To learn more, contact:
Prestige Capital
Park 80 West, Plaza One
250 Pehle Avenue, Suite 313Saddle Brook, NJ 07663
Toll-free Phone: 877-944-4455