Tiger Finance has provided a $45 million flexible line of credit to global skincare and beauty brand Glossier.
The revolving credit facility, which closed on June 8, is the latest bespoke financing solution provided by the Tiger Group lending platform, which continues to serve a host of ecommerce businesses, retailers, suppliers and lifestyle consumer brands.
“Tiger Finance is pleased to partner with Glossier,” Andrew Babcock, senior managing director of Tiger Finance, said. “Our experience across consumer brands and retail enabled us to structure a flexible financing solution to support the company’s ongoing operations and future opportunities.”
Colin Walsh, CEO of Glossier, said, “Throughout this process, Tiger Finance demonstrated a strong understanding of our business and long-term ambitions. This financing supports the next chapter of Glossier’s growth, enabling us to deepen our connection with customers and continue creating meaningful experiences that inspire lasting brand love around the world.”
