CASE STUDY

Prestige Cosmetics

Why we use C2FO

  • C2FO acts as a bridge to shorten the time it takes us to pay our suppliers
  • C2FO is a hands-off, painless, seamless process
  • Asset-based lenders have a more burdensome process and higher interest rates

“C2FO shortens the payment process by 3-4 weeks which is really helping us grow our business. It’s very exciting.”

PRESIDENT

In business for more than 35 years, Prestige Cosmetics makes cosmetics under the Prestige brand, including the Total Intensity and Back to Black lines of eye makeup, and under private labels for retailers. Their products include eye shadow, blush, concealers, mascara, foundation, powder, lipstick, cosmetic pencils, lip gloss, and nail polish. Prestige markets its products to drugstores, mass merchandisers, supermarkets, and specialty retailers in the US and about 45 other countries. It operates a plant in Florida and sells its products to distributors in Australia, Canada, South America, Europe, and Asia. Their president says, “Our growth has been really exciting over the past year. C2FO has been a big part of that because it allows us to get access to cash that we can invest back into manufacturing to support our growing customer base.”

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