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SG Credit Partners Announces A Senior Debt Investment in Cora
August 24, 2023
Source: SG Credit Partners
CHICAGO (August 24, 2023) –– SG Credit Partners, through its SG Consumer Products division, is thrilled to announce its partnership with Cora, a modern woman’s wellness brand offering natural, organic period care. SG’s credit facility will support Cora’s expansion into traditional retailers and continue growing the brand so every body has access to better period care.
"SG Credit Partners is instrumental in our continued expansion into major retailers like Walmart and Walgreens this year,” says Yenny Calabrese, Cora’s Senior Vice President, Finance. “As a fast-growing brand, their team created an intentional solution that creatively tackled our working capital funding needs.”
What started as a direct-to-consumer brand in 2016 quickly gained popularity and launched in Target six months later. Cora was founded by Morgen Newman and Molly Hayward, a pair united by their belief that everyone should have access to better period care. They developed a modern solution to help people manage their periods by using organic cotton and clean ingredients, creating an elevated brand that values putting the customer first. When first creating Cora in 2014, Hayward felt strongly about becoming a certified B-Corp to support period product access after a trip to Kenya exposed her to many people unable to continue their day-to-day while menstruating. With each Cora purchase, the company provides period products and body literacy resources to help people who may otherwise go without.
"Cora is an incredible example of doing business for good, and their authentic brand clearly resonates with the modern consumer,” says SG’s Managing Director of Originations, Spencer Brown. “Cora is continually growing, and our team is happy to support their journey through debt financing.”
About Cora
Cora is a leading provider of clean period, bladder, and body care products that provide comfort through the uncomfortable. The brand's portfolio includes tampons, pads, and liners made with organic cotton as well as cycle support and reusable options such as cups, disc, and period underwear. With every Cora purchase, the company provides period products and body literacy resources to people who might otherwise go without. Cora has given over 24 million period products to individuals in need around the world, including in the United States, Kenya, India, and Europe. Cora's products are available at Cora.com and at national retailers such as Target, Walmart, CVS, Kroger, Safeway, Albertsons and Amazon. For more information, visit www.cora.life.
About SG Consumer Products
SG Consumer Products, a division of SG Credit Partners (“SGCP”), is a family-office backed lender providing capital to lower middle market businesses and entrepreneurs requiring tailored credit solutions. SGCP has established a broad credit platform consisting of three verticals: Software + Technology, Consumer Products, and Structured Credit. Headquartered in Southern California with offices throughout the country, the firm has provided in excess of $900 million to lower middle market entrepreneurs across a variety of industries. For more information, please visit www.sgcreditpartners.com.
"SG Credit Partners is instrumental in our continued expansion into major retailers like Walmart and Walgreens this year,” says Yenny Calabrese, Cora’s Senior Vice President, Finance. “As a fast-growing brand, their team created an intentional solution that creatively tackled our working capital funding needs.”
What started as a direct-to-consumer brand in 2016 quickly gained popularity and launched in Target six months later. Cora was founded by Morgen Newman and Molly Hayward, a pair united by their belief that everyone should have access to better period care. They developed a modern solution to help people manage their periods by using organic cotton and clean ingredients, creating an elevated brand that values putting the customer first. When first creating Cora in 2014, Hayward felt strongly about becoming a certified B-Corp to support period product access after a trip to Kenya exposed her to many people unable to continue their day-to-day while menstruating. With each Cora purchase, the company provides period products and body literacy resources to help people who may otherwise go without.
"Cora is an incredible example of doing business for good, and their authentic brand clearly resonates with the modern consumer,” says SG’s Managing Director of Originations, Spencer Brown. “Cora is continually growing, and our team is happy to support their journey through debt financing.”
About Cora
Cora is a leading provider of clean period, bladder, and body care products that provide comfort through the uncomfortable. The brand's portfolio includes tampons, pads, and liners made with organic cotton as well as cycle support and reusable options such as cups, disc, and period underwear. With every Cora purchase, the company provides period products and body literacy resources to people who might otherwise go without. Cora has given over 24 million period products to individuals in need around the world, including in the United States, Kenya, India, and Europe. Cora's products are available at Cora.com and at national retailers such as Target, Walmart, CVS, Kroger, Safeway, Albertsons and Amazon. For more information, visit www.cora.life.
About SG Consumer Products
SG Consumer Products, a division of SG Credit Partners (“SGCP”), is a family-office backed lender providing capital to lower middle market businesses and entrepreneurs requiring tailored credit solutions. SGCP has established a broad credit platform consisting of three verticals: Software + Technology, Consumer Products, and Structured Credit. Headquartered in Southern California with offices throughout the country, the firm has provided in excess of $900 million to lower middle market entrepreneurs across a variety of industries. For more information, please visit www.sgcreditpartners.com.
