CCV Funds Growth at Prompt Electric
Prompt Electric, a small business located in Chicago's Irving Park neighborhood, recently received a $35,000 term loan from CCV to assist with working capital and current inventory as well as to purchase new vehicles and equipment. The updated equipment will help Prompt Electric streamline its processes, improve efficiency and increase their competitive advantage in the market place.
Prompt Electric opened its doors in 2003 and provides comprehensive service and repair for maintenance and electrical equipment to big corporations such as healthcare providers and manufacturing companies. Prompt Electric has been a client of CCV's CMBEC since 2007, receiving management and technical assistance along with procurement assistance. As a result of receiving financing from CCV, Prompt Electric expects to create five new jobs.
For more information on CCV's loan program, please visit CCV's web site or call 773.822.0320.