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.