Prestige Capital provided $1.5 million in working capital to support a New Jersey-based security company’s expansion efforts.

The company, committed to providing safety to inner-city housing developments, recently sought funds to fuel its business expansion. Presented with promising opportunities to undertake new contracts, the company needed additional resources to hire additional security guards and meet the growing demand for its services.

“It was gratifying to support a local company in need of our assistance,” Stuart Rosenthal, president of Prestige Capital, said. “Despite being a national company, there’s a unique satisfaction in contributing to the growth of businesses close to home.”