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Success Story 2
Prosperity began working with a very large light industrial client several years back that was utilizing another funding source to support their working capital needs. Due to poor economic conditions, as well as some changes in their management structure and philosophies, the company was facing bankruptcy. The firm needed a lender that could step in with capital assistance over and above their current receivables financing arrangement. Prosperity was able to provide the additional working capital the company needed in order to pay off some back debt, and take out the other lender in order to support the company’s working capital needs moving forward.
