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California Firm Expands Staff as Exports Expand

Exporter/Customer: 
Valley Of The Sun Cosmetics, LLC
Export Destinations: 
Worldwide
EXIM Bank Product: 
Multi-Buyer Export Credit Insurance
Jobs Supported: 
20

Valley of the Sun Cosmetics, LLC

Since using EXIM Bank's insurance, the Valley of the Sun Cosmetics LLC has grown from three employees to thirty. This manufacturer of natural skin care, hair care, cosmetics and vitamins is presently growing 30 to 40 percent annually. The growth is attributed to this company's ability to extend open account credit terms to its international customers. As a result, these buyers are increasing the size of their purchase orders.

From 2017 to 2019, EXIM supported more than $24 million of the company's exports.

"EXIM has provided us with the opportunity to expand the business beyond its limits, and we are hoping that we can get into another 140 to 150 countries within the next six or seven years."
Jim Ajmal, President and CEO