Customer Success Story: Getting Ahead of the Competition

Twin brothers Jermaine and Damian launched No Grease, Inc. in 1997. Growing up with a mother who was a stylist, they were introduced to the hair industry at a young age. Now, with 19 years of experience under their belt, they have five Charlotte, NC locations.NoGrease

NO Grease, Inc. is no ordinary barber shop. The brothers have put their entrepreneurial skills to work and created an atmosphere of excellence, which they hope to continue with the help of an IOU Financial small business loan. “We sought out additional funding from IOU because wanted to do more advertising, update our equipment, and keep ourselves ahead of our competition,” Jermaine explained. “It’s important to strive for more visibility among our customer base.”

“IOU simplified the process of building a relationship with a financial institution,” Jermaine said of his experience. “[IOU] took out the small print, and put the meat and potatoes in front of us: this is what we are borrowing, this is what we pay every day, and this is what our total repayment is. Simplicity is the ultimate form of sophistication, and IOU supplies that.”

“Communication is a big thing in small business, and IOU communicates well. If someone is considering a small business loan, make contact and start the dialogue,” said Jermaine. “If you’re looking to grow in your industry, reach out and see if IOU can help provide you with the funds you need to grow.”


If you’re in the Charlotte area, book an appointment with No Grease, Inc. here:

Keep up with the latest happenings by following No Grease on social media: