Express Closes $3MM Factoring Facility for Skin & Hair Care Company
Express Trade Capital closed a $3 million factoring facility to support the increased sales and production required for a sustainable, women-owned and natural skin and hair care brand based out of Frisco, TX.
The client has been a part of the Express Trade family since 2014. Since then, the client has experienced steady growth as Express Trade Capital provided the necessary funding to support that growth. In response to the COVID-19 pandemic, this client pivoted to meet market demand and transitioned into selling sanitizers to more than 9,000 retail stores across the U.S.
Express Trade Capital specializes in factoring, letters of credit, PO funding and inventory-backed lines of credit.