Prestige Capital Provides a $1,000,000 Facility to a Michigan-Based Ceramic Plate Company
SADDLE BROOK, NJ - June 26, 2025 - An innovative Michigan-based manufacturer specializing in ceramic plates landed a significant order from a major big box retailer. Facing the challenge of fulfilling a large purchase order and managing international production logistics, the company sought a flexible financing solution. A well-known brokerage firm in Florida referred the client to a southwestern purchase order finance company who in turn introduced the company to Stuart Rosenthal, President at Prestige Capital.
Stuart commented, “Purchase order financing, along with factoring, is a powerful tool for businesses experiencing rapid growth and large-scale orders. By providing letters of credit and working capital, we enable our clients to meet demand and build strong relationships with major retailers.”
With Prestige Capital’s support, the ceramic plate company was able to secure timely production overseas and deliver on its high-profile order, positioning the business for continued expansion in the retail sector.
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.