SADDLE BROOK, NJ (FEBRUARY 2026) — Prestige Capital is pleased to announce the appointment of David B. Culotta as Chief Operating Officer. In this role, Culotta will oversee operational strategy, enhance credit and risk management frameworks, and support the firm’s continued growth within the invoice factoring sector. 

Culotta joined Prestige Capital in December 2025 and brings more than 20 years of experience in business, accounting, and commercial finance. His background includes portfolio leadership, underwriting, due diligence, and credit and risk oversight, with the majority of his career focused on invoice factoring and purchase order financing. He holds a Bachelor of Science in Accounting from Canisius University.

“Prestige Capital has built a strong reputation for stability and client service,” said Culotta. “I look forward to strengthening our operational foundation and supporting the company’s next phase of growth.”

“David brings a rare combination of deep industry expertise and operational discipline,” said Alan R. Eliasof, Chief Executive Officer of Prestige Capital. “His leadership will be instrumental as we continue to scale thoughtfully, enhance our credit and risk frameworks, and build on the strong foundation that has defined Prestige Capital for decades. We are pleased to welcome him to the team.”

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.

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