Birmingham based, invoice finance specialists, Positive Cashflow Finance (“Positive”) have provided Midlands based commercial cleaning business, Complete Clean Management Ltd (“CCM”), with a £50,000 working capital facility to support ambitious growth plans over the next 12 months.
Local entrepreneur, Dom Bacciocchi is the managing director at CCM and established the business in 2009. CCM provide a wide variety of cleaning solutions for businesses ranging in size throughout Birmingham and the West Midlands and have built a reputation as a reliable and high quality service provider.
In the past, Dom has declined to take on larger contracts due to the potential strain on cash should their customers not pay on time. The facility provides CCM with plenty of headroom and Positive have committed to increasing the funding line in line with their requirements. Since securing the funding, Dom has won over £250,000 worth of new contracts.
Paul Varley, regional sales director at Positive said:
“We are delighted to be supporting this entrepreneurial growing business. With new offices, bars and restaurants opening throughout the West Midlands, Dom has a great opportunity to grow CCM with the knowledge he has a flexible working capital facility to support his aspirations.”
Dom Bacciocchi, managing director of CCM said:
“After meeting with Paul, I immediately felt he understood my business and that invoice finance was the most suitable form of funding to support my growth plans.
“I am delighted with the progress so far and now have the confidence that I can win more work without the headache of wondering when my customers will pay.”