Laundromats are one of the most reliable cash businesses around — but the equipment is expensive and buying a store takes real capital. Laundromat financing gets you the funds to add machines, acquire a location, or upgrade to modern card-and-app payment systems that boost revenue.
Ways to fund a laundromat
Equipment financing
Finance commercial washers, dryers and payment systems with low or no money down. The machines are the collateral, so credit standards are flexible (often down to 580).
SBA & acquisition loans
Buying an existing laundromat is a classic SBA use case — longer terms keep monthly payments manageable while the store's cash flow covers the note.
Revenue-based working capital
For repairs, utilities, or a quick upgrade, revenue-based funding approves on your deposits with no minimum credit score and can fund fast.
Typical guidelines
| Requirement | Typical minimum |
|---|---|
| Time in business | As little as 4 months (equipment: no minimum) |
| Monthly revenue | $10,000+ in deposits |
| Credit score | No minimum on many programs |
| Documents | 1-page application + 4 months bank statements |
Frequently asked questions
How do I finance washers and dryers?
Equipment financing covers commercial washers, dryers and payment systems with low or no down payment, secured by the equipment itself.
Can I get funding to buy a laundromat?
Yes — SBA and acquisition loans are common for buying an existing store; revenue-based options work once it's operating.
Do I need good credit?
Many revenue-based programs have no minimum FICO, approving on your deposits instead.