Gerber Finance announced it funded a $2.5 million credit line for Pure Sun Defense, a new sunscreen product. After actor Hugh Jackman had four skin cancers removed in the last 18 months, he collaborated with business partner, Chris Clark to launch a new "youth friendly" sunscreen line in his fight against skin cancer. Pure Sun Defense was created for one main reason — to fight skin cancer, and the amazing design of kid-friendly characters on bottles will make it easier to get kids to wear sunscreen.
"Pure Sun Defense had several financing options, but we ultimately chose Gerber Finance because of their genuine interest and understanding of our challenges in running a seasonal business. We value their attention to our needs and the speed in addressing our financing requests". Chris Clarke, President.
Founded in 1995, Gerber Finance provides businesses with credit lines up to $10 million and specializes in financing the growth of importers, distributors, service providers, and manufacturers across a wide range of industries. The firm’s credit philosophy is designed to meet the individual needs of business, taking into account specifics such as trade cycles, seasonality, customer base and the character of management.