Laundromat Solutions

Whether you’re just getting started with a new laundromat investment or are an experienced laundromat owner, TW Systems can assist you with everything from demographic analysis to financing, design layout and Speed Queen equipment sales and service. We also represent the best coin and vended laundry accessories.  Whether you’re looking for laundromat carts, fixtures, change machines, coin boxes, or other parts, we can help you find what you need.

Existing Store Owners

New Equipment

Wouldn’t it be easier to shop for equipment when you know what financing support you have and what your estimated monthly payments will be? In an effort to provide customers with immediate feedback, Speed Queen has developed our PRE-APPROVAL program to preapprove customers prior to finalizing their equipment selection with their local Speed Queen equipment distributor.

Speed Queen Financial Services is available to assist its valued customers with financing options for replacement equipment purchases, capital needs that facilitate multi-store ownership and creative restructure of your existing account(s).

Replacement Equipment Purchases

Combine the remaining balance on your existing loan with new equipment purchases in order to improve cash flow and the efficiency of your laundromat operations.

Creative Restructure

Speed Queen recommends that each customer consult their distributor for further discussion on replacement equipment purchases, new store development and acquisition. Local Speed Queen distributors will be your resource for listings on existing laundromats for sale in your market. We will work in conjunction with you and your distributor to support your laundry business financing needs.

Speed Queen Financial Services is available to support your acquisition-related financing needs. Local Speed Queen distributors will be your resource for listings on existing laundromats for sale in your market.

Acquisition

Finance up to 65% of the valuation of your target laundromat or 65% of the selling price, whichever is less. Value of the laundromat is based on a detailed analysis of the utility bills, trailing twelve months EBITDA from Profit & Loss Statement and tax returns of the laundromat. We recommend that all buyers work with a local accounting or financial professional in making their decision to purchase.

Acquisition & Retool

Finance the purchase of an existing location with the purchase of Alliance-branded equipment. Finance amount to be determined on a case-by-case basis for qualified customers.

New Investors

When you invest your hard-earned money into a new business venture, you want to take every step possible to ensure the success of that investment. And nothing increases a laundromat investment’s chances like the support of our professionals at Speed Queen Financial Services.

Business Plan Consultation

Our seasoned experts will help you identify your short- and long-term business objectives in order to build a customized coin laundromat financial program that will help you reach your goals. And they’ll help you to continue developing your investment, every step of the way.

Personalized Relationship Management

Our experienced laundry professionals personally manage your account from the beginning to the end of your coin laundry business loan — but it doesn’t stop there. Your contact will continue to tailor specific programs for future financing situations, such as updating your equipment or expanding your portfolio, to ensure ongoing success after your store opens.

Tailored to Your Needs

Our commercial laundry financing programs can be specially formatted to put you in the best position for success, such as structuring your front-end payments to coincide with the projected ramp-up of your store. Whether you have one store or seven, we offer several options to make sure your financial plan is flexible and supports future growth.

Speed Queen Financial Services

Speed Queen Financial Services provides a variety of new coin laundry machine finance options for new investors.

When considering a new coin laundry project, the initial capital investment is a significant component to the process. Knowing what your capacity is as a borrower is essential before selecting a location, finalizing a budget or initiating lease negotiations.

In an effort to provide customers with immediate feedback, Speed Queen has developed our PRE-APPROVAL program to preapprove investors based on several key financial variables prior to submitting a complete credit package on the target location. With only a completed credit application, personal financial statement and verification of liquidity, Speed Queen will set the preapproval amount so the investor has confidence that he/she can proceed with the search for the location that best fits his/her financial strength. A final decision will be made on the total project once the investor and local Speed Queen equipment distributor have completed and submitted a thorough review of the target location.

Contact us to learn more about the loan application process and to talk with a Speed Queen Financial Services Relationship Manager by providing your information on the left.

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