Case Study: UV Skinz reduces seasonal cash flow gaps with C2FO

UV Skinz saves 4 to 5 times the cost of factoring with C2FO

UV Skinz, a maker of sun-protective apparel, faced significant cash flow challenges due to the seasonal nature of its business. The long gap between manufacturing products in the winter and selling them in summer created a constant need for funding. The company's founder, Rhonda Sparks, found traditional methods like production financing and factoring to be painful and costly solutions.

By using C2FO's working capital platform, UV Skinz was able to receive early payments on its invoices from major retailers. This solution provided the company with a far less expensive source of capital compared to factoring. As a result, UV Skinz saves four to five times more on the cost of money and has not used factoring in over six years, allowing it to better fund its mission of producing sun-safe products.

UV Skinz