"I liked the fact that you could see exactly how much interest that was needed to pay back for the duration of the loan, the fact that you could choose the length of time needed to pay it back and mostly that if paid back early, the interest would decrease."
CinderClean Ltd. is a London based cleaning company, providing cleaning services to households and commercial properties across the capital. Services include end of tenancy ‘deep cleans,’ while clients range from luxury cosmetic stores to offices in the City.
At the age of 26, Ramoan Gunter decided that he wanted to start his own business and, as cleaning is something that he had always enjoyed, came up with a plan to start his own cleaning company. Already employed as an office manager/sales administrator, the business began in July 2011 as an additional project which quickly progressed into a company which now has 20+ employees. As someone who genuinely enjoys cleaning Ramoan has made it his mission to create a business where people enjoy their work: “All of our staff take pride in their work. I try to recruit people who enjoy cleaning as opposed to seeing it as just a job.”
Ramoan’s sister has been on board with the company since the start and as CinderClean has grown, he’s been able to reduce his days at work and entrust his sister to supervising the jobs and ensuring the work carried out is to the company’s high standards.
After spending hours on the phone, answering a huge amount of questions only to be declined for a loan by his bank, Ramoan applied for an Everline loan and was accepted. Being a small growing business, Ramoan has funded everything himself. But with a large amount of outstanding invoices and still a few days to go until money came in from clients, the Everline funds allowed Ramoan to pay his staff on time preventing the potential difficulty and stress arising from unpaid wages.
Ramoan described his overall experience with Everline as: “Brilliant! The process was quick and easy and the application took only ten minutes to complete.” When asked what he liked best about the service, Ramoan said: “I liked the fact you could see exactly how much interest you would pay, could choose the length of time needed to pay it back and, if paid back early, the interest would decrease.”
Everline provide financing that benefits from the support of the European Union under the Loan Guarantee Facility established under Regulation (EU) No 1287/2013 of the European Parliament and the Council establishing a Programme for the Competitiveness of Enterprises and small and medium enterprises (COSME) (2014-2020). The Loan Guarantee Facility is managed and implemented by the European Investment Fund (EIF). Find out more.