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Alliance Laundry Systems Streamlines Financing Process with New Online Credit Application

7/15/2011

Apply for a loan of up to $100,000 and receive an answer within one business day

Ripon, Wis. - July 15, 2011 - Alliance Laundry System LLC, a leading global commercial laundry equipment provider, announced today that it has streamlined its in-house loan process with a new online credit application.

The credit application will be available through Speed Queen Financial Services. New investors looking to open a vended laundry, existing store owners and laundry facility managers can apply for loans of up to $100,000, or get pre-qualified for any finance amount, using the new online credit application. Investors will receive a response within one business day.

The new credit application is designed for ease of use, safety and security. Once the applicant has filled out the form, there is no additional paperwork to complete. Furthermore, confidential information resides only with its safe and secure network because Speed Queen Financial Services does not have to send information to a third party source. And with the fast response, distributors can work more effectively with customers knowing the amount of capital they have to invest in their store.

Speed Queen Financial Service's finance programs offer the most competitive set of financial products with unmatched industry knowledge from its team of experts. The company has financed over $1.4 billion in commercial laundry assets, with approximately 15,000 loans originated in the past 15 years.

Its programs are far better than any bank or manufacturer based program because Speed Queen Financial Services not only understands the industry better than anyone else, but can also tailor a financial solution that meets individual laundry owner and facility managers' needs.

Choosing a financial service provider that is unfamiliar with the commercial laundry industry can lead to unnecessary risks and costs, including overpaying for services, hidden fees, slower response to time sensitive opportunities and limitations on the long term success of the business.

For more information on Speed Queen Financial Services' finance programs, visit the following site, and click on the Finance tab:

http://www.speedqueen.com/vend/en-us/finance/online-credit-application.aspx

About Alliance Laundry Systems LLC

Based in Ripon, Wis., Alliance Laundry Systems LLC is a leading global manufacturer of commercial laundry products and provider of services to laundromats, multi-housing laundries and on-premises laundries. Alliance Laundry offers a full line of washers and dryers with load capacities from 12 to 200 pounds for commercial and consumer use. The company's products are sold under the well-known brand names Speed Queen®..

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