Franklin Capital Announces Completion of $500,000 Invoice Finance Facility for UK-Based Beauty Products Company
December 10, 2024
Source: Franklin Capital
Franklin Capital is proud to announce the completion of a $500,000 invoice finance facility for a UK-based beauty products company with subsidiaries in Europe and the US.
A well-established company known for its innovative professional beauty products sought to expand its reach to new retailers. However, the business faced challenges due to insufficient working capital to fulfill anticipated large orders from these prospective customers.
The company, supported by a trusted UK finance broker, sought to secure financing to fulfill the anticipated large orders from new retailers in the US. Franklin Capital’s specialization in assisting US subsidiaries of UK companies made them the ideal partner to deliver a tailored solution.
With the successful transatlantic collaboration, Franklin Capital provided a $500,000 invoice finance facility to the UK-based beauty products company's US subsidiary, which is now poised for more international growth.
Sue Duckett, COO of Franklin Capital, commented, “This collaboration highlights the importance of strong partnerships in delivering successful outcomes. By combining our international financing expertise with the broker’s deep understanding of the client’s needs, we created a financing program that positions them for long-term success.”
About Franklin Capital
Franklin Capital has been helping small to medium-sized businesses meet their cash flow needs for more than 30 years by providing accounts receivable, purchase order and stretch financing, all with quick responses - because with Franklin, you can speak directly to the decision-makers! From start-ups to fast-growing companies, or companies experiencing financial difficulties, we provide the financing companies need when they need it.
For additional information, please visit www.franklincapitalnetwork.com or call Sue Duckett at +1 (708) 810-5960.