A Northeast manufacturer of printed circuit boards has secured a $2.5 million line of credit from Prestige Capital to support its turnaround strategy. Introduced by a long-term friend and colleague who recently joined a loan brokerage organization, the company required working capital to execute its master plan, which included refinancing its real estate, restructuring merchant cash advance (MCA) debt, and implementing a sale-leaseback.
“Complex refinancing and turnaround situations require tailored solutions,” Stuart Rosenthal, president at Prestige Capital, said. “Our team specializes in structuring flexible facilities that address both immediate capital needs and long-term growth objectives.”
