Pumping Up the Cash Flow in Small Business | Lendr Study

Pump It Up-Schaumburg

Interview with owner & operator Veronica Boyd, Lendr client since 2014

  • Industry

    Amusement & Recreation Services

  • Location

    Schaumburg, Illinois

Pump It Up-Schaumburg is a party facility for children looking to play games, climb playgrounds, and jump on inflatables. It’s a facility in high demand for private birthday parties and celebrations. However, when the summer season comes around, kids tend to head outdoors. That’s when Pump It Up-Schaumburg requires some quick cash to hold them over until high season hits again. Owner Veronica Boyd, was able to secure a merchant cash advance with Lendr that would not only hold her over the summer months, but also improve her facility with fresh and fun new equipment.

  • Lendr

    What does your business do?

    Pump It Up-Schaumburg

    We provide entertainment for both kids and adults, but kids are our primary customers. Kids like to host their celebrations with us and jump on the inflatables. The unique thing about us is that we do 100% private parties, which means when someone has a private party, our facility is open for just them and their guests. When our schedule allows it, we’ll have a few open jump sessions during the week. It’s really just a fun way to have a party.

  • Lendr

    What brought you to Lendr? How did you hear about them?

    Pump It Up-Schaumburg

    I had some challenges with cash flow during the summer season, which is our slowest season, and so I needed some cash to get me over the summer. I also wanted to do some internal improvements within the facility. I searched on the Internet for a merchant cash advance, and I was introduced to Lendr through a third party vendor.

  • Lendr

    What was the application process like?

    Pump It Up-Schaumburg

    It was really easy. Even though I applied through a third party vendor, the process was really simple and easy.

  • Lendr

    How has your business benefitted from working with Lendr?

    Pump It Up-Schaumburg

    It helped us get over the slow months, and it also helped us to purchase new equipment. So, we’ve been able to refresh the equipment that we have at the facility in order to stay new, current and safe for our customers.

  • Lendr

    What would you say is the best thing about working with Lendr?

    Pump It Up-Schaumburg

    Just the convenience! What I pay back is based off of what I take in. It’s very convenient for me and my business to be able to work within their loan programs. Lendr works with you, and they really do have a desire to want to help small businesses.

  • Lendr

    What would you say to a small business owner about Lendr?

    Pump It Up-Schaumburg

    I would say “Try them!” Within a few days, you get your funding, in most cases. I was able to get the funding I needed fairly quickly. If you need a cash advance to get over some challenges, they are a great option. The process was simple and streamlined. For a small business owner, you often need funding right away, so Lendr is a good service to have on hand.

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