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Co-founders Mina Gergis and Stephen Jedovnicky announce the upcoming launch of Choice Cosmetics to provide specialist lending to those wanting access to surgical and non-surgical cosmetic procedures.
With Australians spending a combined $1 billion each year on surgical cosmetic treatments, and a non-surgical cosmetic industry valued at $4.3 billion in Australia, according to the Australian College of Cosmetic Surgery and Medicine, co-founders Mina Gergis and Stephen Jedovnicky noticed a gap in the market for specialist cosmetic lending.
The technological advancements in cosmetic surgery have made it safer and less invasive for individuals, with faster recovery times, thus people have become more willing to consider and accept cosmetic surgery as a possible option for altering their physical appearance. Despite this, one of the main barriers that continues to inhibit individuals from undergoing these surgical and non-surgical procedures is their ability to fund them. With a growth projection of these industries at 25% per year up until 2030, it is no doubt that more individuals will be looking to obtain finance to support these procedures.
Inspired by this gap in the market and with extensive experience in both accounting and finance, Mina Gergis and Stephen Jedovnicky have made it their mission to give individuals the freedom to achieve their cosmetic goals by removing the financial restraints and barriers restricting people from making these life changes. Choice Cosmetics underlying goal is to help individuals form positive relationships with themselves through greater access to surgical and non-surgical cosmetic procedures.
Despite some lenders offering personal loans to individuals wanting surgical cosmetic procedures, Choice Cosmetic is one of few non-bank lenders offering finance solely for cosmetic procedures, both surgical and non-surgical. As a result of this, Choice Cosmetics is able to customise their product to provide straight-forward, tailored loan amounts with 24-hour approval timeframes for individuals. Unlike other lenders, Choice Cosmetics offers quick and easy finance to individuals for the treatments they want access to, offering payment plans in easy monthly instalments. Our professional service base offers payment plans that cover procedures ranging between $2,001 and $30,000, payable within 6 months to 2 years’. Patients can cover the whole or part of their procedure, depending on the cost of the procedure and their individual financial requirements.
With established relationships with many of Australia’s leading cosmetics specialists and surgeons, Choice Cosmetics has become the preferred cosmetic lending partner for several of these cosmetic specialists and surgeons due to their ability to provide security and certainty that loans will be granted within short time frames. With full-time customer service and product specialists available, individuals and their desired cosmetic specialist or surgeon can get the answers and information they require on the spot at any time. Through Choice Cosmetic’s product, these cosmetic specialists and surgeons can provide more individuals with surgical and non-surgical cosmetic procedures, as peoples financial situation and ability to obtain finance is no longer a barrier. As a result, Choice Cosmetics will be known as a cosmetic lending specialist that is able to transform the appearance of their clients and boost their confidence, whilst bridging the gap between doctors, nurses and cosmetic specialists and their clients.
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