TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
September 23, 2024
Source: PR Newswire
WAYNE, Pa. , Sept. 19, 2024 /PRNewswire/ -- QualiFi LLC, a leading boutique loan firm specializing in innovative financial solutions, proudly announces the successful facilitation of a $1,000,000 Credit Facility for RamClean, a rapidly expanding commercial cleaning company. Remarkably, this transaction was completed in just 48 hours, underscoring QualiFi's agility and commitment to supporting high-growth businesses.
Founded in 2013 by Charlie Ramshaw, RamClean began as a modest operation in his father's basement. Today, the company has evolved into a powerhouse in the commercial cleaning industry, with annual revenues exceeding $15 million in 2024. With a workforce of over 300 employees and operations in ten major metro areas, RamClean is poised to surpass $20 million in revenue by 2025, thanks to its reputation for delivering top-tier janitorial solutions and white-glove cleaning services.
Faced with the challenges of rapid expansion, including the need for substantial capital and flexible financial solutions, RamClean sought funding beyond the constraints of conventional banking. After exploring various options, including asset-based factoring lines with restrictive terms and lengthy approval processes, Ramshaw turned to QualiFi LLC based on a referral from a trusted advisor.
QualiFi LLC, founded by serial entrepreneur Eddie DeAngelis, is renowned for its ability to provide tailored financial solutions with unparalleled speed and flexibility. Within just 48 hours of engagement, QualiFi secured an uncollateralized $1,000,000 Credit Facility for RamClean, offering terms that matched or exceeded traditional AR factoring lines, but with fewer restrictions and covenants.
Eddie DeAngelis, CEO and Founder of QualiFi LLC, expressed his enthusiasm about the recent achievement: "It is incredible to see the hard work and dedication of our team come to fruition. Our ability to deliver significant financial support with such speed and efficiency reflects the culture and commitment that QualiFi stands for."
DeAngelis continued, "We are thrilled to partner with RamClean and support their impressive growth trajectory. Our team's ability to secure $60+ million in funding year-to-date, with projections to surpass $25 million in Q3, is a testament to our robust network and innovative approach."
QualiFi LLC, headquartered in Wayne, PA, has experienced explosive growth in 2024, driven by its focus on strategic partnerships with entrepreneurs and businesses like RamClean. With its extensive network of banking institutions and lending products, QualiFi is committed to providing dynamic financial solutions that empower businesses to achieve their full potential.
For more information about QualiFi LLC and their tailored financial solutions, please visit www.goQualiFi.com.
About QualiFi LLC – Borrow, Build, Believe
Launched in 2022, QualiFi offers fast cash to help SMBs of all types meet payroll, pay off a tax lien, gap late receivables, cover rapid growth with inventory and equipment purchases, partner buyouts, leverage opportunities, and/or cover other expenses. Specializing in deals that traditional banks underserve, turn away, or take too long to process, clients rely on QualiFi when the bank says no. Start a line of credit as a safety net today. Learn more at www.GoQualiFi.com.
About RamClean
RamClean, founded in 2013 in Champaign, Illinois, is a leading provider of commercial cleaning services across the United States. Known for its high standards of cleanliness and sanitation, RamClean has grown rapidly to become one of the fastest-growing companies in the industry.
Media Contact:
Eddie DeAngelis
CEO & Founder
QualiFi LLC
Phone: 215.669.0827
Email: 382840@email4pr.com