At Speed Queen®, our laundry financing solutions are built for your business success.
With more laundromats financed than anyone in the world, nobody knows laundry lending like we do.
Below is an overview of our current finance promotional offering. Reach out to your dedicated Speed Queen Financial Brand Manager, Tina Gough for current finance offers at 800-223-8408.
Replacement Promotion: FIXED RATES AS LOW AS 5.99%*
Your laundry deserves an upgrade that customers will love. For a limited-time only, Speed Queen is offering fixed interest rates, as low as 5.99%, to make that upgrade happen.
Whether you add ultra-efficient Speed Queen tumble dryers, new washer-extractors that give customers all the tools to tailor wash cycles or opt for a total retool and set your store apart with Speed Queen design accents, you’ll no doubt increase customer satisfaction and profit potential.
There are two promotional offerings:
• Fixed Rate as low as 3.99% for Quantum Touch
• Fixed Rate as low as 4.99% for Quantum Gold
• 90 day deferred available upon customer request
• No prepayment penalty
• Available on loans between $2,500 and $250,000
• Standard $300 administrative fee will be capitalized into the amount financed
• Limited time available
• As low as WSJ Prime + 1.50% for Quantum Touch
• As low as WSJ Prime + 2.50% for Quantum Gold
• ***Additional .50% off rate for Insights Pay
• New store and replacement equipment purchases
• Maximum term of 96 months (for deals greater than $50,000)
• 9 & 10 year financing available on select deals
• 90 days deferred, 10 months I/O on new store transactions
Acquisition Finance Promotion
Speed Queen ® has revamped its acquisition finance program in giving you one of the most impactful and competitive tools to power the growth of your vended laundry business. 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 acquisition financing.
Enhanced Acquisition Finance Terms with Major Re-tool*
• Increased the finance amount to 75-80% of the laundromat purchase
• Reduce your interest rate at the time of re-tool
• Extended term of loan to 8–10 years financed at the time of re-tool (determined by Speed Queen upon review)
Speed Queen Technology Promotion
Speed Queen Insights Financing Offers Available. Ask about our cash back option with smaller upfront costs or lower rate option with all-in-one convenience.