California Hair Care Product Company

  • California Hair Care Product Company

    $ Line Amount

    Consumer Products

    • Client: California Hair Care Product Company

    • Situation: Celebrity Hairstylist created a hair care product line and received a large order from a retailer.

    • Need: Client had approached their bank for a loan to assist in financing their supplier. The bank wasn’t able to assist as the company was too new.

    • Solution: The bank introduced them to Prestige. Prestige set up a Factor’s Assurance program with their domestic supplier in order to get their supplier funded as soon as the order shipped and the client submitted the invoice to Prestige. This created a great partnership and goodwill between the client and their supplier, allowing them to continue to expand their business and accept additional larger orders.