A West Coast-based artificial intelligence data research and development company has secured a $3 million invoice financing facility from Prestige Capital to support its expansion and surging demand from AI labs worldwide.
Referred by a private financial firm that connects growth companies with private lenders through a technology-driven approach, the transaction was designed to keep pace with the company’s accelerating revenue and operational scale.
The company turned to invoice financing as a flexible solution to unlock working capital tied up in receivables. The facility expands in line with sales, allowing the business to meet payroll, invest in talent and infrastructure and continue delivering without slowing momentum.
“AI-driven companies are scaling at unprecedented rates, and access to timely capital is essential to sustaining that growth,” Rachel Hersh, sales director, North America at Prestige Capital, said. “Invoice financing is a powerful tool for businesses that are generating revenue quickly but need capital to keep up with demand. Our team structured a solution that grows alongside the company, providing liquidity exactly when it’s needed.”
With Prestige Capital’s facility in place, the company is positioned to maintain velocity, support its expanding client base and continue innovating at the forefront of the AI data landscape.
