Prestige Capital Delivers $500K in Growth Capital to Air Ventilation Distributor

Prestige Capital Finance delivered $500,000 in growth capital to a distributor of air ventilation products to meet COVID-19 building protocols. Given the early stage of the business, capital was required to deliver goods.

Already in the construction industry, this New York-based company decided to branch out to supply general contractors with products that promote safety, cleanliness and wellness. The company needed financing and reached out to an advisor, which referred the company to Prestige Capital. Funding was provided within a week.

“Prestige is delighted to fund early-stage companies,” Stuart Rosenthal, president of Prestige Capital, said. “Equity is not the only option for fast-growth companies. Invoice financing can accelerate growth for startups that have relationships with larger companies.”