Invoice Fair Enables Irish Cosmetics Company to Ramp Up Production of Hand Sanitiser

InvoiceFair – based at NexusUCD, The Industry Partnership Centre – runs an innovative receivables trading platform that enables small and medium enterprises to access working capital quickly and flexibly.

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The company, which was co-founded by UCD alumni Helen Cahill and Ivan Fox along with Peter Brady, has supported Irish manufacturer Cosmetic Creations in accessing the working capital needed to ramp up production of hand sanitiser to meet the unprecedented demand as a result of the COVID-19 pandemic.

Thanks to InvoiceFair, the manufacturing company was able to secure funding for raw materials and components, and to increase its skilled workforce. Cosmetic Creations is now producing over 150,000 units of Airmedica hand sanitiser a week for use in clinical environments, and has hired 20 additional staff members to ensure supply lines remain open.