Speed Queen® Finance Promotions
These incredible promotions bring two-fold savings with competitive fixed and variable rates and the efficiency that comes with upgrading to cutting-edge Speed Queen equipment and technology. Act fast, as these promotions are offered for a limited-time only.
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.
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:
• As low as 4.24% fixed interest rate for Quantum Touch*
• As low as 5.24% fixed interest rate for Quantum Gold*
• No payments for 90 days
• No prepayment penalty
• Available on loans between $2,500 and $250,000
• Standard $300 administrative fee will be capitalized into the amount financed
• Variable rate as low as WSJ Prime+1.50% for Quantum Touch*
• Variable rate as low as WSJ Prime+2.25% for Quantum Gold*
• Additional .50% off rate for Insights Pay/POS/CRM
• New store and replacement equipment purchases
• Maximum term of 96 months for deals greater than $50,000
• 9 and 10 year financing available on select deals. Subject to higher rate.
• Standard $300 administration fee will be capitalized into the amount financed • 90 days deferred and 10 months I/O available on new store transactions* • No prepayment penalty
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)