Dwight Funding provided a working capital line of credit to clean beauty retailer Credo. The facility will be used to finance inventory as the company adds additional store locations and expands its e-commerce presence.
Credo curates a collection of safe, non-toxic beauty products from indie and luxury brands who comply with the company’s rigorous Credo Clean Standard.
“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,” said Shivani Ganguly, chief financial officer at Credo. “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, added, “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.”
Dwight Funding provides revolving lines of credit suited to the needs of growing consumer brands. It offers flexible funding solutions and sector experience to support entrepreneurs as they scale their business.
