Prestige Capital Uses the Power of Relationships to Provide $500,000 to Kansas City Healthcare Services Company

Prestige Capital secured $500,000 for a Kansas City healthcare services company. The company needed working capital but knew that a bank wasn’t the best solution for this type of deal. Their fractional CFO decided to reach out to Prestige Capital to see if there was a non-dilutive option for his client.

“It’s our relationships that make Prestige special,” says Stuart Rosenthal, President of Prestige Capital.  “People know that we have capital and a network of funding partners with different offerings that banks can’t offer so they contact us to find solutions.”

Prestige was able to fund an accounts receivable credit facility in a matter of days from receiving the application. Prestige Capital helped this client access working capital which allowed them to continue to serve the several hundred customers they have across the United States.

About Prestige Capital For over 35 years, Prestige Capital has helped nearly one thousand Early Stage and Mid-Size companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital.  Prestige Capital continues to help companies who do not qualify for traditional bank financing or who need financing faster than a bank’s lengthy underwriting process allows. Our goal is to help entrepreneurs reach the next level, whether that’s ultimately selling the business or being established enough to switch to traditional bank financing.