Pet Groomer Goes Mobile With A Short Term Loan
Since the lockdown during COVID two years ago, Jennifer has seen how desperate all her clients need grooming services for their beloved pets. Pet grooming is not just about making dogs and cats beautiful. They require nail clippings, anal gland drainage, and thorough ear cleaning to stay healthy. At the same time, many of her clients are seniors who cannot physically bring their pets to the groomer.
This is where her business idea was born.
Jennifer went from working in a pet salon to operating her mobile pet grooming business. As a one-woman show, she has complete control over her schedule, allowing her to better serve her clients. And with an existing clientele, she had no trouble getting her business off the ground.
She had enough money to purchase the right-size van and already had most grooming supplies and equipment. However, the problem was that she still needed money to convert her van to a fully operational mobile pet grooming salon. This included a pet washing station with the capability to hook up to her clients' outdoor water supply, a drying station that requires a lot of ventilation, and a generator to power all her electronic equipment.
With the help of a short-term loan, Jennifer was able to get her business up and running quickly and efficiently. She was approved for a $15,000 loan with an 11% interest rate and an 18-month repayment plan. Her loan was approved within three days, and she received the funds within a week.
Jennifer has been in business for six months and has already grossed over $40,000. She is on track to repay her loan early and is planning to use her extra income to expand her business. Because her clients love her service so much, she doesn't even have enough appointment slots to accommodate them. Currently, she is converting another mobile pet grooming van and hiring an extra groomer to serve her new clients.
Jennifer's story is an excellent example of how a small business can pivot to meet the needs of their customers. Unlike what many business owners fear, applying for a short-term loan is relatively straightforward. All she had to do was allow the lender to run her credit and provide several of her bank statements and business documents. Jennifer is proof that you can make your business dreams a reality with a little bit of planning and some financial help.
If you're considering starting your own business or expanding your current one, consider applying for a short-term loan. It could be the boost you need to get your business off the ground or take it to the next level.