Prestige Capital Provides $1.5MM in Working Capital to Security Firm for Business Expansion
Prestige Capital provided $1.5 million in working capital to support a New Jersey-based security company’s expansion efforts.
Prestige Capital provided $1.5 million in working capital to support a New Jersey-based security company’s expansion efforts.
In part two of a series on improving corporate social responsibility, Brittany Hooper of LSQ shifts the focus to environmental, social and governance initiatives in the supply chain and how working capital solutions like supply chain finance can provide benefits for all stakeholders.
Whether a company needs to extend more favorable credit terms to foreign buyers, grow export revenues on a tight budget or open up additional working capital funding availability, credit worthy U.S.-based companies doing business within the U.S. can unlock further potential using the Export-Import Bank of the United States.
As the COVID-19 pandemic ramps back up through the end of 2020 and the beginning of 2021, a tentative ‘new normal’ has set in for borrowers and lenders alike. Juanita Schwartzkopf explains how asset-based lenders should adjust their evaluation processes for working capital in this environment.
Capital Access Network set a new monthly record in May by providing small businesses access to $66 million of working capital. Also, CAN expanded its credit line to nearly $500 million with WFCF, Goldman, Fifth Third and Capital One.
Republic Business Credit announced it provided a $4 million working capital facility to a growing Gulf Coast-based oil field service contractor.
US Capital Partners announced seven deals totaling $67 million.
Although some would describe EBITDA as a way to measure a company’s operating performance, free of debt cost, taxes, depreciation and amortization, veteran turnaround advisor Ted Gavin prefers to call EBITDA a fairytale told to investors and credit managers. In this no-holds-barred article, Gavin explains why …