If you operate a laundromat or a dry-cleaning company and you require small business loans to finance your industry-specific needs, CMS Funding has the solution for you. Our company has extensive experience in assisting laundromats and dry cleaners in getting the working capital that they need. We can customize loans and other business financing solutions to meet the needs of your growing business.
About Laundromats and Dry Cleaners
Laundromats and dry cleaners require a large amount of equipment to operate. However, it is not uncommon for washing machines and dryers to break down, particularly the older models. When one machine breaks down, it is likely that other machines manufactured in the same year will break down as well. Whenever this happens, it can be very expensive to repair or purchase new machines.
On top of malfunctioning machines, laundromats and dry cleaners often face plumbing issues caused by intensive water usage. All these problems need to be fixed within short notice to prevent loss of business. Too many faulty machines can cause customers to turn to other laundromats and dry cleaners.
With the huge amount of money spent on utility bills and rent, it can be difficult to maintain a decent supply of the latest washing machine and dryer models. That’s why laundromats and dry cleaners need to invest in business funding solutions to get the funds they need to keep their business growing.
Benefits of Our Working Capital Loans
How can laundromats and dry cleaners benefit from our small business loans?
- Receiving funds to meet various business needs, e.g. driving business expansion, paying for inventory, and fulfilling payroll needs.
- Upgrading equipment to boost overall operational efficiency and profitability.
- Renovating the store to attract more customers.
- Adding new security systems to enhance safety and security.
- Expanding the business to new locations.
- Purchasing new equipment and facilities.
What CMS Funding Offers for Laundromats and Dry Cleaners
Below is a list of our key small business loan features:
- Funding up to $500,000
- Funding available within 24 to 48 hours
- Terms ranging from six to 24 months
- Non-obligatory application after consultation
- High approval rate
- No collateral required (unsecured loan)
- Low interest rates
- Simple one-page application
- Quick and easy approval process
- Automatic payments
- Excellent customer service
- … and more!
Get the Funding You Need to Grow Your Business Today
At CMS Funding, we can provide you with small business loans within the shortest possible time frame via the smooth approval process of an unsecured working capital loan. Let us know whenever you need more funds and we will give them to you. We are experienced in funding laundromats and dry cleaners so you can rest assured that we will be able to provide you with the financing solutions you need. Our company is accredited by the NEFA (National Equipment Finance Association) and has received an A+ rating by the BBB (Better Business Bureau). Our website is also supported by the newest SSL encryption technology.
If you have any questions about our small business loans for laundromats and dry cleaners, do not hesitate to fill out our onlineworking capital application form or call us at (855) 793-8637 to learn more.