Man modeling Cuts clothing

CUTS Maintains Impressive Growth Without Equity Capital

Cuts logo

"Many brand owners believe you can only be successful by raising loads of equity capital. What they don’t get is that without a sound business, a focus on fundamentals, and a financial partner like Ampla who values that, you won’t be successful, period." - Carter Shae, CFO

Company
Cuts
Customer Since
January 2023
Industry
Apparel
Product Used
Growth Line of Credit
Banking
Capital Needs
Inventory financing

CUTS Maintains Impressive Growth Without Equity Capital

CUTS is among a small minority of DTC businesses that have not raised any significant outside capital. While this independence has been key to their growth, it also presents challenges from a cash flow perspective.

Ampla worked with CUTS to provide non-dilutive growth capital and banking services to fuel product launches, including their new women's line and expanded men's collection. These initiatives require heavy investment from an inventory and advertising perspective, which Ampla's flexible Growth Line of Credit helps enable.

CUTS is also continuously diversifying their distribution strategy, with an eye to bring on additional wholesale relationships. Cash conversion cycles become elongated with wholesale accounts, and Ampla's Growth Line of Credit helps brands like CUTS close the gap and maintain a strong cash position.

The power of non-dilutive capital can not be understated for consumer brands, particularly in the current macro-economic environment. Ampla's Growth Line of Credit enables this independence and keeps founders in the driver's seat.

"Many brand owners believe you can only be successful by raising loads of equity capital. What they don’t get is that without a sound business, a focus on fundamentals, and a financial partner like Ampla who values that, you won’t be successful, period." - Carter Shae, CFO

50%

YoY rev growth

117%

Credit expansion vs previous provider

Talk to an Ampla Financial Specialist to see how we can help meet your business objectives.

Contact Us
Let's grow together

Ready to kick off your journey? 🚀

Ampla integrations with shopify, facebook, quickbooks, tiktok and more.
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.