Luxury toiletry brand Winter in Venice has started to export more products overseas with the help of the trade finance facilities provided by Scottish Pacific Business Finance.
The British award-winning brand of luxurious bath and body gift sets was established in 2006 by entrepreneur Mel Curtis and has since grown to become a global business with operations spread across the UK, China and Sri Lanka. Winter in Venice offers an extensive range of paraben free toiletries and gift sets which are sold by numerous high street retailers and major online shops, including Debenhams, Costco, and Amazon.
The finance facility has allowed the business over the years to secure large orders whilst limiting risks to the business with a creative credit insurance facility. Not only has this improved cash flow, but it has enabled the business to secure larger deals without any stress or risk of none payment due to the current trends in the economic climate. It has given the business added security and comfort when tackling larger orders both domestically and internationally.
Mel Curtis, founder and managing director of Winter in Venice, said:
“Having dealt with a number of traditional banks and finance houses in the past, we found Steve and his team at Scottish Pacific a breath of fresh air and a cut above the rest.
“Scottish Pacific really took the time to understand our business and provided us with a solution that was tailored to meet the specific needs of our business. The ‘one size fits all’ scenario offered by banks was certainly not what Steve and his team offered to us. The custom built finance facility enabled us to forward purchase stock without the risk of cash being tied up in outstanding invoices, putting the firm in a strong position to meet a number of contracts with major retailers.”
Steve Pleace, senior relationship manager from Scottish Pacific, said:
“Winter in Venice has an extensive product range and is witnessing strong demand from retailers and customers across the world. We have worked closely with Mel for a number of years and it has been brilliant to see the business go from strength to strength.”