Prestige Capital Provides $500K to Sustainable Beauty Company

Prestige Capital provided $500,000 to a sustainable beauty firm that recently signed a contract with a chain of retail stores and needed financing to fill orders.

The sustainable beauty movement has gained momentum, as consumers are more conscious about what they use on their bodies. This mother-and-daughter-owned business based in California was an early adopter of the movement, sourcing local plant-based extracts to provide essential skin care. Given continuous growth in the industry, these entrepreneurs wanted a financing company that could grow with their company. After consulting with a referral partner in the space, they chose Prestige.

“Prestige is pleased to help a family-owned business get the fast financing needed for large scale product distribution,” Stuart Rosenthal, president of Prestige Capital, said. “Prestige has increasingly played a role in the sustainable beauty movement and is proud to support natural and clean-living products.”