WHAT IS A CARPET CLEANING BUSINESS?
Having spotless rugs and carpets is essential to a welcoming environment at home as well as in stores and offices. Carpet cleaning agents are used by both homeowners and commercial real estate owners. If you are an aspiring business owner who is looking for carpet cleaning van financing, read this article to learn more.
While these prospects have many options when it comes to choosing a carpet cleaning company for their home or business, it is essential to understand the various types of ways to clean carpets used by different companies because not all carpet cleaning methods will work for their carpet.
Below are different types of carpet cleaning in the market
- Hot Water Extraction Cleaning
Hot water extraction, also known as steam carpet cleaning, requires high-pressure hot water to stir up the carpet fibers and disintegrate dust and debris in the carpet
Extraction using hot water cleaning typically entails applying a cleaning agent to the stained surface, agitating the carpet with a brush, and rinsing. After allowing the cleaning agent to settle in the carpet for a short period of time, the carpet will be “washed” by carpet cleaning equipment to thoroughly rinse the cleaning agent before being finally left in an air-conditioned temperature or dry room.
- Carpet Shampooing
The disadvantages of the technology – leaving behind a large number of wet foam residues in the carpet that takes a long time to dry, it has become sticky when it begins to dry because no flushing is done after shampooing, and rapid re-soiling of the carpet – start making this cleaning system less successful than others. Shampoo carpet cleaning had been widely known until the 1970s when encapsulation technology was launched.
- Encapsulation
When foam encapsulation dries, it solidifies into powder form due to the use of synthetic detergents as a base. Loose contaminants in carpet fiber will be encapsulated into powder as the cleaning foam dries, and then vacuumed or swept after the foam dries.
It uses less water during cleaning, resulting in a shorter drying time than carpet shampooing, the reason why the foam encapsulation cleaning technique has surpassed carpet shampooing technology. Those who promote eco-friendly products have given foam encapsulation cleaning a stamp of approval because it leaves less chemical residue after cleaning than carpet shampooing.
- Dry Carpet Cleaning
This is one of the most recent cleaning technologies on the market, and it is getting more popular and approval from top carpet manufacturers because of its efficient cleaning effectiveness and ease of access as it does not necessitate drying time. Compound cleaning is another name for dry carpet cleaning. The market has seen the development of numerous cleaning compounds and powders since the invention of dry carpet cleaning technology in the 1980s.
Equipment Needed For Carpet Cleaning Business
Truck-mounted and portable carpet cleaners are available for industrial and commercial use. Because of their convenience and ease of use, portable carpet cleaners, also identified as portable extractors, are very widely used by businesses. Some of the extra features of carpet cleaning machines include an adjustable water power switch, a circuit indicator light, and a pump “kill switch” to prevent the pump from running dry. Carpet cleaning equipment financing is a wise choice because of these added benefits. It also pays to work with a company that has experience leasing building maintenance equipment.
Initial Practical Experience & Training
It is best to attend a carpet cleaning training course before purchasing any equipment. Why? Because every business is unique, to have seen the tools really close and in action will assist you in determining what is best for you. You may also consider doing commercial work; however, the type of equipment and methods for performing this task can differ considerably. Nothing is worse than spending thousands of dollars on equipment only to discover six months later that it isn’t the right choice or completely impractical.
Main equipment
-Vacuum cleaner
-Sprayers for applying a cleaning solution
-Carpet cleaning machine
-Agitation – manual pile brush
-Hoses – vacuum hoses and solution lines
-Carpet wand and hand tool for cleaning stairs
-Upholstery tool for upholstery
Cleaning Chemicals
-Pre-sprays/ Carpet Cleaning Solutions
-Stain & Spot Removers
-Hand Brushes and Acid Rinse
-Deodorisers & Sanitisers
What Is the Best Cleaning Service Vehicle?
Choosing the ideal vehicle for your cleaning company is often missed, but it can have a major impact on the overall effectiveness, efficiency, and productivity of your company.
You need an optimized fleet of vehicles for your team—whether you have two or ten vehicles—if you want to grow your cleaning business quickly and retain customers. You must also ensure that the vehicles chosen for your cleaning business fleet are safe and simple to operate for your team, can hold all necessary cleaning equipment, and have a good Return on Investment.
The following are the most frequently used carpet-cleaning vehicles:
- Toyota Hiace
- Mercedes Sprinter
- Ford Transit
- Hyundai i-Load
- Volkswagen Crafter
- Renault Master
What Is Carpet Cleaning Van Financing?
What is the cost of a carpet cleaning van and equipment?
There are numerous types of carpet cleaning equipment and carpet cleaning van financing available, ranging from a truck mount to a carpet cleaner extractor, and none of them are inexpensive. If you’re starting a new business, you’ll also need to purchase and replace smaller pieces of equipment such as hose reels, scrubbers, solution hoses, vacuum hoses, and upholstery tools. If you decide to grow and hire more carpet cleaners, you’ll need to duplicate these purchases, which may take some time to pay off.
Naturally, new equipment is more expensive. A truck mount can cost between $10,000 and $20,000. Carpet cleaning scrubbers can cost between $500 and $2,000.
You can save a lot of money by purchasing used carpet cleaning equipment. A used carpet cleaning van can range in price from $16,000 to $25,000. Your costs will be significantly higher if you buy a new van and outfit it. Before you start looking into financing options, consider whether you need brand-new equipment or if used carpet cleaning equipment will suffice.
Types of Business Loans
There are several small business loans and credit lines to consider when purchasing carpet cleaning vans and equipment. Let’s get started.
- Bank Credit
Working capital loans from lenders such as banks, credit unions, or online lenders can provide you with financing to purchase new or used equipment or vehicles for your carpet cleaning business if you have excellent credit.
- Credit Facility
If you need money now to buy a van and later to expand your operations with more equipment, a line of credit gives you access to cash when you need it rather than a lump sum.
- Loans from the SBA
A loan from the Small Business Administration is another option if you have good credit. SBA loans have low-interest rates and long repayment terms. And you can use them to buy equipment or for working capital.
- Trade Routes
If you buy carpet cleaning equipment from the same vendor on a regular basis, you may be able to open a line of credit with them and pay your invoices over a period of 30 to 90 days, which will help free up cash flow.
- Financing for Equipment
Equipment loans or carpet cleaning van financing are loans designed specifically to assist you in purchasing equipment for your business. The carpet cleaning van or equipment you’re purchasing serves as collateral, which can lower your interest rate.
- Credit Cards for Businesses
While you shouldn’t use a credit card to buy a van. You can use it to buy carpet cleaning supplies and lower-priced equipment. Look for a card that offers a 0% APR introductory offer as well as rewards.
- Leasing of Equipment
Leasing equipment and getting approved for a carpet cleaning van financing makes sense for many carpet cleaning businesses. When your lease term expires, you can return the equipment or vehicle to the lender and lease a brand-new replacement. Your monthly payments may be lower than if you bought outright.
How Can People Gain Income From The Business
Carpets can look newer for longer with regular professional cleaning. Professional carpet cleaners have the tools and experience to ensure cleaner carpets than a do-it-yourself cleaning project. While regular vacuuming can help remove surface dust and debris. While a deep professional clean can remove allergens, bacteria, and other irritants such as mold and mildew.
With the national average being $178, carpet cleaning costs can range from $122 to $235. The cost of carpet cleaning varies according to the type of carpet, the size of the cleaning area, the cleaning approach, and any pretreatments or stain removal. Labor costs can also vary depending on where you live. And labor rates are typically higher in densely populated urban areas than in rural communities. Some specialist rug cleaning companies charge by the square foot or per room. Check with the cleaning company to see how they charge for carpet cleaning services.
Now that you are thinking about starting your business but worried because of the limited resources. At New Horizon Business Services Inc., we offer equipment financing for new and used equipment nationwide. We lease everything from computers to large industrial machinery.
Don’t have a FICO score of 600 or higher? Look into our credit repair services! We will assist you in improving your credit so that you can be approved!
