A Belfast-based skin clinic that works with some of America’s largest cosmetic brands has increased capacity and revenues by 27% with the purchase of a new medical grade laser. Two new jobs have also been created following a £25,000 loan from the Northern Ireland Small Business Loan Fund.
The Fund is managed by Ulster Community Finance Ltd on behalf of Invest Northern Ireland and delivered in partnership with Enterprise Northern Ireland. UCF is a subsidiary of the social finance organisation Community Finance Ireland Ltd.
Beyond Skin Clinic was set up in 2016 and currently provides employment for seven people. The clinic offers a range of treatments including hair removal, laser skin rejuvenation, microneedling and non-surgical cosmetic enhancements. The business also works with several leading cosmeceutical brands such as Dermaquest, Obagi, Skinceuticals and Epionce.
Jennie Wallace, Managing Director of Beyond Skin Clinic, said: “The funding from the Small Business Loan Fund has allowed us to purchase an additional Cynosure medical grade laser, and invest in staff training. As a result we’ve expanded our treatment range, increased capacity and reduced waiting time for appointments.
“The clinic has a wide range of clients but we’re finding more young people coming in to be educated on how to maintain healthy skin. People don’t want long recovery times after treatments and we find a lot of our clients are able to pop into us on their lunch break and go straight back to work.”
She added: “By understanding the needs of an increasingly diverse city we have been able to stay at the forefront of aesthetic innovation and enjoy steady, sustainable growth.”
The NI Small Business Loan Fund provides loans up to £100,000 to small businesses, sole traders and partnerships keen to develop their business. Start-up businesses can obtain initial loans up to £15,000. The Fund is part of Invest Northern Ireland’s Access to Finance Portfolio.
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Business Start Up Cost
Expansion or Growth Finance
New Product or Market Development
New Asset Purchases