Facebook pixel

California Firm Expands Staff as Exports Expand

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

Image

Since using EXIM Bank's insurance, Valley of the Sun Cosmetics LLC had 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 credit to its international customers. As a result, these buyers are increasing the size of its purchase orders. From 2015 to 2017, EXIM supported $21 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