Replacement Promotion
- 120 Days deferred (1st payment due day 120)
- WSJ Prime + 1.75% (WSJ prime rate floor of 4%) (current rate is 5.75%)
- All laundromat replacement equipment eligible
- Maximum Term 96 months (deals over $100k) & 84 months (deals over $25k)
- 9 & 10 Year financing may be available on select deals
- Based on deal size and will have a higher rate
- $400 Admin Fee capitalized into the balance
- Approval Deadline – 6/30/2021
- Funding Deadline – 7/30/2021
- Veteran Customers Only
- No Pre-Payment Penalty
New Store Promotion
- 16 months Interest only
- All new store laundromat equipment eligible
- WSJ Prime + 3.00% (currently 6.25%)
- 90 days deferred (no payment until day 90)
- Maximum Term 96 months
- 9 & 10 year financing available on selected deals
- Based on deal size and will have a higher rate
- $400 Admin Fee capitalized into the balance
- Approval Deadline – 6/30/2021
- Funding Deadline – 12/20/2021
- Veteran Customers
- No Pre-Payment Penalty
*Available in North America only
** Rates are subject to formal credit approval and acceptable credit scores.