Financing Your Laundromat Has Never Been Easier
Whether you’re opening a new store, purchasing an existing one or simply looking to upgrade your equipment, we provide flexible financing, competitive rates, no hidden costs, faster decisions, and more laundry-specific financial tools and resources. You get all of this from one source.
Speed Queen Financing
We Know Laundry Better
Over $2 billion in laundry financed
Combined lending experience of more than 100 years.
More than 20,000 loans
100% commitment to your success.
Get special financing - Take advantage of rates as low as 5.99% plus other special finance offers.
Attend the Coin-O-Matic open house to learn more about our Spring 2019 finance promotion:
• Fixed rates as low as 5.99%
• 90 days deferred (first payment due after funding)
• Zero security deposit
• Zero prepayment penalty
Financing For New Investors
Our financing programs are designed to accommodate your specific goals and business needs. That’s why they’re flexible. When you finance with Speed Queen, you get personal support from a dedicated finance professional who understands the laundry business. Not only will we guide you through every step of the loan process, we’ll also develop a long-term relationship, helping you grow and expand your business.
Financing For Current Business Owners
We respond quickly – you can often get credit decisions in 24 hours. And no hidden fees or deposits mean you can get your business up to speed faster, with less hassle.
Plus, it’s all managed by your own dedicated finance representative who knows the laundry business and can help evaluate the right borrowing level and the amount of debt a specific location can sustain.
Acquisitions
Let Speed Queen help you meet your business goals.
Store owners who purchase a store with competitive equipment can benefit from financing of up to 80 percent of the purchase price. No other manufacturer can match this level of financing.
Available to support all your acquisition-related financing needs, ask Coin-O-Matic for help finding laundromats for sale in your market.
Refinancing
Speed Queen Financial Services provides financing options for replacement equipment purchases, capital needs that facilitate multi-store ownership and creative restructure of your existing account(s).
Combine the remaining balance on your existing loan with new equipment purchases to improve efficiency and revenue.
Utilize the equity in an existing laundromat to facilitate a new store development or existing store acquisition.
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