Business Details
35 Years
experience
Laundromat Equipment Financing Experts
Since our founding in 1991 as Partners Leasing, we have specialized exclusively in equipment financing for the laundry industry. Our acquisition by Dexter Apache Holdings in 2000 marked a strategic shift toward Dexter Laundry equipment, and we now operate as the captive financing arm for Dexter Apache Holdings' family of companies. We offer tailored financing solutions including leases, fixed-rate notes, and variable-rate notes for laundry equipment, ice merchandisers, and walk-in coolers manufactured by Leer and Carroll Coolers. Our team of dedicated employee-owners brings decades of industry expertise to help entrepreneurs achieve their goals through competitive rates and flexible payment plans.We serve customers across the United States and Canada, with a proven track record of supporting over 100 laundromat projects for industry partners. Our step-up payment program and rapid response times for documentation requests demonstrate our commitment to customer-centric service. As a specialized finance provider, we understand the unique needs of the laundry business better than traditional banks, enabling us to deliver superior financing solutions that drive success for our clients.
Services
Laundromat Financing
Equipment Leasing
Fixed-Rate Notes
Variable-Rate Notes
Ice Merchandiser Financing
Cooler Equipment Loans
Coin Laundry Loans
Distributor Financing
Spec Store Funding
Laundry Equipment Refinancing
Details
- Year established: 1991
Highlights and features
- We specialize exclusively in laundry industry equipment financing since 1991
- Our step-up payment program accommodates business growth cycles
- Dedicated team provides rapid documentation responses within 24 hours
- Competitive rates specifically tailored for laundry equipment purchases
- Proven track record financing over 100 laundromat projects nationwide
What people say
Competitive interest rates
Step-up payment program
Rapid documentation response
Industry-specific expertise
Dedicated team support
Services
Laundromat Financing
Our laundromat financing programs provide tailored solutions for new and expanding laundry businesses. We offer fixed and variable rate options with flexible terms up to 60 months. Our industry-specific knowledge helps entrepreneurs navigate equipment selection and business planning while securing competitive financing rates.
Equipment Leasing
Our lease financing options include operating and finance leases for laundry equipment purchases. Benefits include 100% financing options, flexible end-of-term choices, and cash flow management advantages. We structure leases to match business growth projections and tax planning needs.
Fixed-Rate Notes
Fixed-rate financing provides predictable monthly payments throughout the loan term. Ideal for long-term budgeting, these notes protect against interest rate fluctuations while offering terms ranging from 36 to 60 months for major equipment purchases.
Variable-Rate Notes
Our variable-rate financing options offer initial rate discounts with periodic adjustments tied to prime rate indices. These notes work well for short-term financing needs and businesses expecting revenue growth that matches rate adjustment schedules.
Ice Merchandiser Financing
Specialized financing for ice merchandisers and walk-in coolers manufactured by Leer and Carroll Coolers. We offer customized payment plans that align with seasonal business cycles and inventory turnover rates for temperature-controlled product sales operations.
People
Michelle Nelson
Account Manager
With over 15 years of experience in equipment financing, Michelle Nelson specializes in providing personalized support to laundry business owners. She consistently delivers exceptional service through proactive communication and tailored financing solutions that match clients' operational goals.
Questions
What types of laundry equipment financing do you offer?
We provide fixed-rate notes, variable-rate notes, and lease agreements for Dexter Laundry equipment, ice merchandisers, and walk-in coolers from Leer and Carroll Coolers.
Can new entrepreneurs qualify for laundromat financing?
Yes, our step-up payment program accommodates new business owners with lower initial payments during the establishment phase, unlike traditional bank financing options.
Do you finance used laundry equipment?
While we primarily finance new equipment, we evaluate used equipment financing applications on a case-by-case basis through our distributor partners.
How quickly can financing be approved?
Our digital credit application process typically provides preliminary approval decisions within one business day when submitted with complete documentation.
What geographic areas do you serve?
We provide financing solutions across the United States and Canada through our network of authorized equipment distributors.
Can I apply for financing online?
Yes, our digital credit application portal allows complete online submissions with 24/7 access for convenient financing applications.