Laundromat Financing, fast.

Apply for financing today to build your business, upgrade your equipment, or fund your next project.
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$250K laundromat loan approved!
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Reviews from laundromat owners.

Business owners love that Sunrise Capital  helps them get funding without the headaches.

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Justin Kabota

Great job my guy.

RW
Robin Washington

After other lenders dragged their feet, Steve came through with $200K. His professionalism is unmatched......

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Andrea

It was a great experience dealing with Alexis from Sunrise Capital . Thanks so much for helping me get financing for my small business.

JA
Jake

Sunrise Capital was very helpful in getting me setup with the right loan, very smooth experiance!

MR
Mrbrenk

Made it simple to.find a lender. Walked me thru the process every step.

BD
Big Dame Big Dame

I went online lastnight (Thursday) and requested a business loan. Friday I received a call from Jarrad Cohen and he was AMAZING! He communicated the entire time, needless to say I GOT FUNDED TODAY! Thank you sooo much Jarrad! I'm so grateful .

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Based on 235 reviews

Sunrise Capital knows laundromat small businesses.

Get the answers and the funding you need with support all along the way.

$16 billion

in small business funding facilitated in the last decade.

4.7 stars

21,000 Trustpilot® reviews.
50% repeat customers.
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85% approval rating

21,000 Trustpilot® reviews.
50% repeat customers.
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Four simple steps to laundromat funding.

Tell us about your business.
Answer a few simple questions and complete the application in minutes.
Submit your application.
Applying is free and won’t impact your credit score.
Compare offers.
Find the funding option with the terms that best fit your small business goals.
Get funded.
Once you accept, funding can hit your bank account in as little as 24 hours.
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Sunrise Capital  knows the laundromat business.

A laundromat business can be exciting and lucrative. After all, people always need clean clothes. If you’d like to launch or grow your laundromat, laundromat financing can come in handy. It can provide you with the funds you need to cover a variety of business-related expenses.

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Bridge seasonal slow downs

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Upgrade washers, dryers, and other equipment

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Refinance existing debt

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Pay your staff

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Invest in marketing

What type of commercial real estate funding is best for your business?

These are the most popular types of funding that other laundromat businesses qualify for through Sunrise Capital.

Business Term Loan

Borrow a lump-sum with a set repayment schedule, and get funding quickly with online options.

Revenue-Based Financing

Access funding based on your future revenue and repay with regular payments.

Equipment Financing

Finance the tools and equipment you need to grow your business without breaking the bank.

What types of business loans are available to laundromat businesses?

Line of Credit

With Sunrise Capital, clients can get approved for a revolving line of business credit in as little as 48 hours. The biggest benefit to a business line of credit is that you get access........

Term Length
1–15 months
Max Loan Amount
$1 million

Short-Term Loans

Short-term business loans are typically repaid within two years or less time, depending on the conditions of the loan. They are best used when covering unexpected costs or when extra......

Term Length
6 months - 25 years
Max Loan Amount
$750,000

Long-Term Loans

Long-term business loans range from five to twenty years and are typically used when looking to make a larger investment or expansion in your business. Most often, these loans......

Term Length
6-24 months
Max Loan Amount
up to $250,000

Invoice Factoring

Invoice factoring is a fantastic funding option for businesses that deal with invoicing and have had trouble tracking down payments. Essentially, with invoice factoring.......

Term Length
1-5 years
Max Loan Amount
$5 million

FAQs

Find answers to some commonly asked questions in the laundromat industry.

Contact Us
What is laundromat financing?
While there are no loan products that are designed exclusively for laundromats, there are several types of business financing available that can provide working capital to cover business expenses or facilitate growth for a business in the laundromat industry. These include asset- or revenue-based financing, debt financing, line of credit, and equipment financing.
What are the requirements to get laundromat financing?
Requirements for laundromat financing vary by lender and loan type. As a starting point, loan products with lower minimum requirements look for the following:
  • A credit score minimum of 600
  • Monthly revenue of $8,000 or more
  • A business history of least six months
What can I use laundromat financing for?
Laundromat financing is versatile, meaning you can use it to cover just about any business-related expense. Some of the most common uses include equipment like washers, dryers, and cleaning solutions, marketing, payroll, and expansion costs. Some loan products will have restrictions on what the money can be used for. Equipment financing, for example, can only be used to purchase equipment approved by the lender.
What are the benefits of an online loan marketplace?
When you use an online marketplace like Lendio, you can apply in just 15 minutes and get funded in as little as 24 hours. You’ll be able to compare loan offers from multiple lenders and work with a funding manager to lock in the best rates and terms for your laundromat business. Plus, you’ll receive personalized support throughout the entire funding process.
What is an SBA loan?
Partially guaranteed by the U.S. Small Business Administration (SBA), SBA loans offer low interest rates and lengthy repayment terms that you may not be able to find elsewhere. Depending on your situation, you might be able to secure up to $5 million in funding with repayment terms of up to 25 years.
What are the different types of SBA loans?
There are a number of SBA loans designed to meet the needs of various business owners. The SBA 7(a) loan is the most popular program and designed to cover working capital, debt financing, and the purchase of business assets. Other loans include the SBA 504 for fixed assets like a building, land, and machinery, as well as SBA microloans, which cap out at $50,000 and can be used for working capital, inventory, or equipment.

Ready for funding?

See what you can qualify for on the Sunrise Capital Marketplace.
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