You have options
Launching your own coin-op laundromat is an investment in your future and there are many ways that financing some or most of the cost can help you turn a small investment into a successful business. Browse our financing guide and then talk to a Western State Design representative today to get started on making your dreams a reality.
Dexter Financial Equipment Loans
Dexter Financial offers a variety of ways for you to finance the latest, technologically advanced, coin-op washers and dryers for your new, or growing laundry. Choose from fixed-rate and variable-rate loans, and up to 84 month note terms, depending on the size of your investment. Dexter Financial loans allow you to get off the ground and running with the Dexter Laundry equipment you and your customers want.
Home Equity Loans
Put your home’s equity to work for your new business with a home equity loan. In conjunction with other financing options or simply to reduce your up-front payments, a home equity loan can help you start your new coin-op laundry with ease.
Dexter Equipment Leases
Dexter Financial further eases the process of equipment investment with their lease programs for coin-op washers and dryers. Leasing may appeal to those businesses who do not qualify for equipment loans or who prefer the tax advantages of leasing their equipment. All Dexter equipment leases come with a purchase option, so you and your customers can continue to enjoy your Dexter washers and dryers for years to come.
Retirement Accounts
Invest in your future with the help of your retirement account. With a variety of financing options, you’ll be able to borrow against your retirement account to help you start your own business. Speak to a WSD representative today to learn how you can put your retirement account to work for you.
SBA Loans
In addition to, or in place of Dexter Financial financing options, Western State Design is able to assist you in applying for Small Business Association loans. With forty years of experience in working to help small businesses like yours succeed, WSD can help you every step of the way.
Traditional Bank Loans
Working with your local lending institution is a great way to fuel the growth of your community, while you launch your new coin-op business. Western State Design has more than forty years of experience in helping small businesses like yours find the best rates through banks that will support your dream.
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Questions?
Still exploring ideas but have questions we haven’t answered? We are here to help.
1 on 1
Our Specialists will meet with you individually to walk you through
the process.
Free Video Seminar
Investment seminar lead by Coin Laundry Association President
Brian Wallace