Financial Services
Speed Queen Financial Services draws on years of unmatched
industry expertise and dedicated support to provide high-quality
laundry-focused financing for our customers. We'll be your full
service partner, with progressive programs, resources and services
designed to support you as you take on the day-to-day challenges of
your laundry business, including:
Creative and Flexible Programs
As laundry experts, we are well-suited to design financing that
suits the unique investment needs of laundry customers.
Fast Decisions
We control the underwriting process and, in many cases, can
provide you a decision in 24 hours or less.
Competitive Rates
We consistently offer some of the lowest rates in the
industry.
No Hidden Costs
No full or partial prepayment penalties on your loans and in
most instances, no security deposits.
Account Management
An experienced laundry professional personally manages your
account from the beginning to the end of your loan. Plus, online
account management is available at your convenience whenever you
need it.
Personalized Services
We offer personalized attention, ensuring you'll always have the
resources you need to find success.
Security and Confidentiality
In today's market, our customers place a high priority on the
secure handling of confidential credit card financial information.
We've invested in security resources designed to protect your
information and do not share this information with any other
parties at any time.
Speed Queen Financial Services is the market leader in financing
laundry equipment projects. We strive to offer the best financing
available to our Newcomer and Veteran customers alike. Our Veteran
category is for customers with three or more years of business
ownership experience, while Newcomer customers have less than three
years of ownership experience.
Speed Queen Financial Services provides a variety of finance
options including our standard fixed and variable rate notes. Our
fixed rate notes offer predictability in monthly payments for ease
in budgeting and have a 90 day deferred payment option. Our
variable rate notes are available to our Veteran customers and have
become the vehicle of choice for these experienced business owners.
From time to time, Speed Queen will complement its standard
programs with seasonal promotions.
In an effort to provide customers with immediate feedback, Speed
Queen has developed our PREQUAL program to prequalify customers
prior to submitting a complete application package. With only a
completed credit application and personal financial statement Speed
Queen will prequalify a customer's financing request. A final
decision will be made after receipt of the completed package and a
thorough review of the total project.
Financing Requirements*
| VETERAN - UNDER $100K: |
| Credit Application |
| Distributor Sales Proposal |
| Brief Transaction Narrative |
*Additional information may be required based upon our analysis
of the information provided.
Speed Queen Financial Services is available to assist its valued
customers with financing options for replacement equipment
purchases,.
Replacement Equipment Purchases
Combine the remaining balance on your existing loan with
new equipment purchases in order to improve cash flow and the
efficiency of your laundry operations.