Volcon ePowersports has secured a $6M factoring agreement with Prestige Capital Finance. Under this agreement, Prestige will pay Volcon 80% of the company's eligible US powersport dealer invoice values immediately, with a maximum fee per invoice of approximately 5%. The remaining 20% of the invoice amount, less fees, will be paid to the company upon collection by Prestige. The initial availability under this arrangement will be $6 million and can be increased to support future expected increased sales.