Milberg Factors has been one of those inspiring family-business that is always taken in a good spirit by the people. The firm has been in existence for a very long time as it is family-run and is continuing for generations. It is basically a private firm focussed on the main factoring and commercial finance. This has been the primary objective of the firm since it started several decades ago. They are committed to providing the necessary financial resources to the clients that will help them to find the right path to success.
The main reason for the family business to still be successful is Mr. David Milberg, who is basically running the firm currently. Due to his experience in various top firms all through his career, his father himself appointed him as the President of the firm. Since then, he has been working towards the growth of the firm. He also successfully implemented various new-age tools which are highly needed in this technologically forward business environment.
About his studies and early career:
Mr.David Milberg graduated from Princeton University in 1986, after which he went on to start his career at Bankers Trust. After working there for years, he then pursued his interest to do a Masters’ in Business Administration. He graduated from Columbia University after which he got an amazing opportunity at Lehman Brothers Holdings Inc. The firm was a leading financial service firm at that time.
The real task was only after this. He got to learn about many things right from follow-on stock offerings, initial public offerings, private placements, rights offerings, and much more. With this, he was able to join as the President of his family business, as per the wish of his father. Using all his experience, he was able to come up with new technology and successful modernization efforts. Today, the firm has evolved to a great extent than what it was decades back. With his guidance, they were also able to bring in prominent clients who are the best in the industry.