Location:Truro, Cornwall
Spotless Cleaning operates mostly in the holiday let sector and has grown significantly since being established a little over three years ago, with turnover increasing from around £50,000 in 2017 to an expected £100,000+ this year.
Ilona Ziarko had grown her cleaning business, offering B2B customers high-end housekeeping with added-value services, to full capacity and was turning away work.
A £55,000 CIOSIF loan will help Ilona take on new staff and expand her services to other holiday let businesses across the area.
She said: “The CIOSIF loan has enabled us to move to new premises and purchase the necessary commercial equipment to do our laundry in-house, allowing us to take on more staff and manage more cleaning contracts.”
The loan is made up of £48,125 from CIOSIF and £6,875 from SWIG Finance, who work with The FSE Group, the appointed CIOSIF Fund Manager, on delivering smaller business loans.
If you would like to meet with CIOSIF's appointed Fund Manager to talk in more detail please go to Funds Available to find the Fund Manager operating in your area