- Type of finance
- Business need
Growing a business
“The Development Bank of Wales loan has helped us diversify to offer a wider range of in-demand services by enabling us to buy new equipment and pay for staff training."
Business is looking shiny and bright for Newport-based cleaning business Cleany Queeny, after the company secured a £10,000 micro loan from the Development Bank of Wales.
The micro loan was used to cover costs of staff training and new equipment to help with Covid 19 deep cleaning. Decontamination and deep cleaning are part of the new, wider range of commercial and residential services offered by the business.
Following the £10,000 loan Cleany Queeny Managing Director Charmain Edwards hired a finance manager, additional office assistant and eight more cleaners.
Charmain and her team cover Newport, Cardiff, Usk, Pontypool, Abercarn, Cwmbran – and are looking to expand across south Wales.