Laundromat Equipment Financing

Simple application. Simple process.

Laundromat equipment financing helps you save some coin.

Coin-operated laundry equipment is expensive, and so are periodic maintenance, repairs, and upgrades. That is why laundromat equipment financing with Balboa Capital is a great option to consider. It enables you to get what you need for monthly payments you make over a specified period. In addition, the initial investment is minimal, which means you can conserve your existing capital and line of credit.

To get started, submit an equipment financing application. Suppose your application is approved, and you decide to move forward. In that case, one of our knowledgeable equipment financing specialists will contact you to discuss your options and answer any questions. You will work with the same person from start to finish, allowing a more personalized and efficient experience.

  • Application-only for hard collateral up to $500,000
  • Application-only for soft collateral up to $350,000
  • If approved, same-day funding is available
  • Easy online application
  • One-hour approval decisions during regular business hours
  • Flexible terms available
  • Competitive rates

Equipment financing in 3 easy steps.

balboa capital devices
  1. Submit a simple online application.

  2. Get a prompt decision during our normal business hours.

  3. If your application is approved, funds will be provided fast.

What we look for.

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Minimum of one year in business

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$100,000+ in annual revenue

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FICO® score of 620 or more

These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.

Financing for coin machines, soap machines, stack washers, and more.

Owning one or more laundromat stores requires a significant capital investment. Laundromats need washing machines and tumble dryers that run well and deliver the results your customers expect. Poor functioning equipment, or machines that accept coins but will not start, can hurt your business. Simply put, you want to do everything in your power to give customers a positive experience every time they come in to wash, dry, fluff, and fold.

If you need to replace old equipment or if you want to gain an edge on the competition by outfitting your laundromat with the latest and greatest equipment, now is the time. Equipment financing offers predictable monthly payments, so get started now!

laundromat equipment financing

Reasons to choose Balboa Capital.

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Bank-owned business lender

Over $8 billion funded nationwide

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Simple, quick process