Industries

Beauty &
Cosmetics

Make You Look Good So You Can Make the World Look and Feel Great

The beauty and cosmetics industry in the United States epitomizes a dynamic and constantly evolving sector. Statistically, the market size of the cosmetic industry, encompassing a broad spectrum of products and services such as skincare, makeup, haircare, fragrances, and personal care items, reached a valuation of approximately $93 billion in 2022. It was expected to experience an annual growth rate of 4-5%. This growth is propelled by factors like increasing consumer demand for premium and natural products, advancements in beauty technologies, and the growing influence of social media and digital marketing on consumer preferences. Our mission is to enhance the image of our clients, enabling them to contribute to making the world look and feel great.

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Benefits of Using ETC to Finance Your Business

Invoice factoring provides numerous advantages for indie beauty brands, addressing their unique challenges in managing cash flow and facilitating growth.

Improved Cash Flow
Quick Access to Funds
Reduction of Risk for Customer Credit & Payment Default
Elimination of A/R Collection Hassles
Flexibility for Growth and Expansion
No Need for Collateral
Enhanced Business Opportunities
Helps in Overcoming Seasonal Sales Fluctuations
Budget-Friendly
Easier to Obtain than Traditional Loans
Adaptable to Business Needs

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Given the extended sales, production, and payment cycles prevalent in the beauty industry, particularly among SMEs, invoice factoring emerges as a strategic financial solution. Receiving early payment on accounts receivable can be the key to fostering beautiful growth instead of facing an undesirable standstill.