Cleaning Company | VDA Capital Group

35,000

Line of Credit

Cleaning Company

Case Background

The client had a cleaning company serving residential (personal residence), commercial (offices) and industrial (warehouses, parking lots) sites. Needed $15k for purchasing new equipment and $10 for working capital.

Challenge

Client did not need full amount right away therefore the term loan would not be a good option.

Result

We applied with one of our partner banks and got $35k line of credit with 4.5% APR for 2 years with automatic renewal.

The client could take as much money as needed from the line and pay low interest only monthly payment. In this way the working cash flow was not affected.

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