Daily News: January 31, 2019

Prestige Capital Promotes Hersh to Sales Director, North America

Prestige Capital promoted Rachel Hersh to sales director, North America. Hersh will be based in New York and Long Island and will be responsible for continuing to grow Prestige Capital’s footprint in North America.

Hersh has more than 20 years of experience in the factoring industry and has gained national recognition as one of the most influential and successful business development officers in the industry.

“In the 12 years that Rachel has been with Prestige, she has successfully expanded partnerships across the continent. This title better reflects the broad reach that Rachel has established and will continue to maintain for Prestige Capital,” said Stuart Rosenthal, Prestige Capital executive vice president.

Hersh is a frequent speaker on finance panels, including seminar presentations to commercial banks, law firms, accounting firms, and has been a speaker at the Daymond John Academy. She was featured in 2018 CFA’s Women in Commercial Finance and has authored numerous articles and has a featured monthly blog.

Founded in 1985, Prestige Capital is a commercial finance company which specializes in factoring for early stage and mid-size companies. It purchases invoices from a broad spectrum of businesses whose accounts receivable range from $100,000 to $25 million.