Prestige Capital appointed 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,” Culotta said. “I look forward to strengthening our operational foundation and supporting the company’s next phase of growth.”
Alan R. Eliasof, CEO of Prestige Capital, said, “David brings a rare combination of deep industry expertise and operational discipline. 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.”
