Prestige Capital Corporation
Prestige Capital Corporation is a commercial finance company which specializes in factoring for small and medium-sized companies. Simply put, we purchase invoices from a broad spectrum of businesses whose accounts receivable range from $100,000 to $10 Million.
For over 30 years, Prestige Capital Corporation has helped nearly one thousand small and medium-sized companies grow or turn around their businesses by providing more than $4 billion in cash advances, converting accounts receivable into immediate working capital. Our Roots In 1985 founding partners, Harvey L. Kaminski and Irwin Berger worked together at a commercial lender and saw a need in the marketplace for flexible funding for service-based businesses who didn’t qualify for bank financing or traditional factoring. Factors, who catered to the textile trade, were reluctant to extend credit to companies without hard goods to secure their loan. So, the partners co-founded Prestige Capital where they pioneered the concept of spot factoring for service businesses such as staffing and consulting. The market responded favorably; service businesses were excited to have a financing option other than raising capital from friends, family, or outside investors. The concept began to gain momentum as the partners educated the business community about this type of funding. At the heart of their business was a love for helping small and medium-sized business, as well as the reward of seeing new companies launch and struggling businesses succeed. Cash flow made simple.
Address: 400 Kelby Street – 14th Floor, Fort Lee – New Jersey – 07024 USA
Phone: +1 201 944 4455
FAX: +1 201 944 9477
