Prestige Capital Provides $2MM Facility to a Beauty Branding Company
Saddle Brook, NJ - May 2025 - A leading beauty branding company recently secured a partnership with a celebrity, resulting in a surge in sales and a need for additional financial support. Referred by a member of a consumer product network, the company turned to Rachel Hersh, Sales Director North America at Prestige Capital, for assistance. The client had an opportunity to showcase their product on a national TV program but needed funding to produce the inventory.
Rachel Hersh commented, "Invoice financing continues to play a crucial role in the Consumer Goods and Products space. It enables newer businesses to seize rapid opportunities that might otherwise be out of reach due to capital constraints."
With Prestige Capital's invoice financing solution, the beauty company was able to capitalize on its celebrity partnership and manage the increased demand without facing working capital constraints. This financial support provided the necessary capital for the company to keep pace with its accelerating growth and seize the opportunity presented by national TV exposure.
About Prestige
Since 1985, Prestige Capital, a commercial finance company, has been funding clients directly by turning invoices into cash. We purchase invoices from a broad range of companies with annual sales ranging from $2 million to $300 million. Prestige Capital continues to help companies that either do not qualify for traditional bank financing or need financing faster than a bank’s lengthy underwriting process allows.