Clean Laundry Funding has announced the launch of its new financing service for commercial laundry investors and distributors. The company said it plans to offer a fresh take on financing that delivers express approvals and hands-on customer support to help laundry businesses reach their goals sooner.
Clean Laundry Funding provides loans for:
- New laundry equipment purchases for all commercial brands
- Laundromat acquisitions
- Laundry room renovations
- Refinancing and debt consolidation
“I’m very excited to announce the launch of our brand new laundry financing service,” said Chad Palmer, president of Clean Laundry Funding. “We’ve assembled a winning team of experts with decades of experience in the industry to deliver a more personalized and flexible financing experience. Time is of the essence in this competitive market – we know that funding delays often cause distributors to lose deals and get in the way of business owners achieving their dreams. That’s why we prioritize a faster turnaround that gives them the confidence to move forward more quickly.”
“Our goal with Clean Laundry Funding is to offer customers an easier way to grow their business without the roadblocks of a slow approval process and below-par communication,” explained Josh Kiley, national business development manager. “We had an amazing response from investors and distributors at the Clean Show last year – there’s definitely a sense that many of them are looking for a financing option that’s more transparent, straightforward, and better catered to their needs. This is an incredible industry, and we want to give each of our partners the best possible chance to succeed and thrive.”
According to Clean Laundry Funding, the company offers 24-hour approvals on loans under $250,000, competitive rates and lower monthly repayments, less red tape than big backers, and funding for larger projects of $1 million or more.
