Dwight Funding Partners with Credo Beauty to Provide Working Capital Line of Credit
Dwight Funding announced that is has provided a credit facility to clean beauty retailer, Credo. The facility will be used to finance inventory as the company adds additional store locations nationwide and expands its e-commerce presence.
Credo is a leader in the clean beauty movement, raising the standard for product integrity and ingredient authenticity. The company curates a collection of safe, non-toxic beauty products from indie and luxury brands, who comply with the company’s rigorous Credo Clean Standard. Credo is on a mission to change the way people think about products they put on their bodies and focuses on providing individualized recommendations for its customers, with a personalized approach to customizing beauty routines.
Credo’s CFO Shivani Ganguly said,
“It is critical for us to have working capital support as we focus on expanding our footprint and continuing to spread the clean beauty message. We are excited to be partnering with Dwight because of their knowledge of our industry and flexibility they can provide.”
Ben Brachot, Managing Director at Dwight Funding, stated that,
“Credo really understands the modern consumer. Their focus on quality and accessibility paired with powerful message have set them up for enormous success. Credo is a perfect example of a brand we love to champion here at Dwight.”
Credo is a beauty retailer that offers one of the largest clean beauty and skincare assortments that is carefully vetted and tested by experts to ensure the highest safety and sustainability standards. In addition to its e-commerce site, CredoBeauty.com, the company currently has eight retail locations across the US that are all staffed by trained estheticians and makeup artists.
About Dwight Funding
Dwight Funding provides revolving lines of credit uniquely suited to the needs of growing consumer brands. Dwight offers flexible funding solutions and sector experience to support entrepreneurs as they scale their business.