Get broken washers, dryers and boilers back to earning. Apply in 5 minutes with about three months of bank statements and no tax returns.
Get Repair FundingLaundromat Equipment Repair
We size repair funding around your real deposits so you can fix what is broken now and pay it back on a schedule spelled out in your offer.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
A 5-minute application and about three months of bank statements. Funding in as little as 24 hours for qualified businesses.
FICO scores from 500 are considered. We weigh your store's deposit history alongside your credit.
Your offer shows the full repayment amount before you accept, with no surprise costs after you sign.
The repayment schedule is laid out in your offer, so you know what leaves your account and when.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
A laundromat sells machine time. Every washer with an out-of-order sign taped to the door is revenue walking across the street to the next store. Repairs rarely wait for a convenient month, and the bigger ones (a failed boiler, a bank of dryers with burnt-out control boards, a card reader system that stops talking to the machines) can cost more than a typical week of deposits.
We built our equipment repair funding for that moment. You apply once, show us how money moves through your account, and we work out an amount that fits what your store actually brings in.
If the repair bill is close to the price of new machines, look at equipment financing for laundromats instead, where the machines themselves are part of the picture.
We look at about three months of business bank statements. Steady deposits from machine revenue, wash-and-fold and vending tell us more than a tax return would, and we do not ask for tax returns. We also look at what you already owe each month, because a repayment that crowds out rent and utilities helps no one.
Funding ranges from $25,000 to $5,000,000, and repair needs usually sit at the lower end. FICO scores from 500 are considered. Sole proprietors can apply.
Run the numbers on downtime before you decide. A dryer that sits broken for several weeks loses turns every day, and customers who find two or three machines down often stop coming back. Funding has a cost, and your offer shows the full repayment amount before you accept. Compare that figure with what the idle machines are costing you, then decide. Ready to see your number? Start the 5-minute application.
If repairs are a recurring line item, a business line of credit for laundromats lets you draw when a machine fails rather than applying each time. Our laundromat cash flow guide covers how to build a repair reserve between fixes.
Funding can arrive in as little as 24 hours for qualified businesses once we have your application and statements.
Quotes help you request the right amount, but we size funding mainly from your deposits and existing obligations.
We start with a soft credit pull, so checking your options does not begin with a hard inquiry.
Yes. Owners who do their own repairs often use funding for parts, tools and replacement boards.
Coin deposits still show up in your bank statements. Regular deposits are what we look at.
Example uses for illustration only.
A few habits make repair funding easier to qualify for and easier to repay.
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding