Pest IQ's Success Story: How Holdings Fuels Business Growth
Jan 31, 2024

Discover how Pest IQ transformed its idle funds into a powerful growth engine. Their journey with Holdings showcases how intelligent cash management can fuel your business ambitions in today's competitive pest control sector.
From Untapped Potential to Financial Optimization
Many businesses start with a familiar scenario. Adam Weber from Pest IQ shares his experience:
"To be honest, I didn't have Reserve cash. The little bit of cash that we had came from an individual basis. We had it in personal accounts and it was literally just sitting in a savings account at Wells Fargo that was maybe making us 0.25%. We didn't really do anything with our Reserve cash prior to Holdings."
This situation is common but doesn't have to be your story. With the pest control industry projected to reach $49.6 billion by 2034, businesses need every financial advantage to capitalize on growth opportunities.
Turning Capital into Opportunity
When Pest IQ secured its pre-seed funding, Adam knew the importance of making every dollar count:
"After securing funding, we needed our capital to work harder for us while maintaining accessibility. The pest control sector is seeing accelerated M&A activity with volume increasing 27.6% year-over-year, and we wanted to position ourselves for potential growth opportunities."
Imagine your reserve cash actively contributing to your operational costs while positioning you for strategic moves in a consolidating industry. That's the power of strategic cash management with an integrated financial platform.
Flexibility Meets Security
Why did Pest IQ choose Holdings? Adam explains:
"What attracted us to Holdings was the combination of competitive interest rates and immediate access to our funds. In an industry where timing can make or break acquisition opportunities, having liquidity without sacrificing returns gives us a strategic advantage."
It's like having a financial ally always ready when you need it while consistently working to grow your funds—essential in a sector where private equity buyers are increasingly active in consolidation efforts.
Effortless Onboarding for Busy Entrepreneurs
We understand that time is a precious commodity for business owners. Adam shares his experience getting started:
"The onboarding process was remarkably simple. We completed everything digitally, and within two days, our funds were actively earning. For a growing pest control operation where every minute counts, this efficiency was invaluable."
In less than two days, your capital could be actively earning for your business while you focus on organic growth strategies—crucial in a market where strong organic growth is increasingly important for pest control businesses.
Write Your Own Success Story
Pest IQ's experience with Holdings isn't just about numbers—it's a testament to how the right financial tools can empower growth and turn challenges into opportunities in the highly competitive pest control landscape.
Here's what partnering with Holdings can offer your business:
Peace of Mind: Your funds are protected with industry-leading security measures.
Competitive Interest: Maximize your reserve cash with attractive rates in a sector where capital efficiency matters.
Flexibility: Access your funds when needed without penalties—essential for seizing acquisition opportunities in a consolidating market.
Simplicity: An intuitive interface designed for busy entrepreneurs managing growing pest control operations.
Your Next Chapter in Financial Growth
Are you ready to transform your idle cash into a catalyst for business growth? Let's craft your success story together. Visit getholdings.com and discover how our integrated financial platform can propel your pest control business forward in today's dynamic financial landscape.
In the fast-paced world of pest control, where M&A activity continues to accelerate and competition for quality acquisitions intensifies, your capital should always work as hard as you do.
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Legal Disclosures
Disclaimers and footnotes
© 2023-2024 Holdings Financial Technologies Inc. All rights reserved.
Holdings is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust and i3 Bank, Members FDIC. The Holdings Visa® Debit Card is issued by i3 Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
Funds deposited in your Holdings account are held by Evolve Bank & Trust and i3 Bank, Members FDIC. The standard deposit amount is $250,000 per depositor, per insured bank, for each account ownership category.
Through Evolve's Sweep Program, funds may be eligible for up to $5M in FDIC insurance. Find additional information about the Sweep Program here. Through i3 Bank's Sweep Program, funds may be eligible for up to $3M in FDIC insurance. Find additional information about the Sweep Program here