Laundromat Equipment Finance for all business types

Whether buying new or pre-owned equipment, We can help find a loan to suit your business and cash flow

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Laundromat Equipment Finance to suit your business needs.

Straightforward Commercial Equipment Financing

Loan Amounts

From $5000

Loan Terms

1 - 7 Years

Choice

Choose from over 40 lenders

Laundry machines in line

Take your laundromat business to new heights with equipment financing.
Acquiring funds for laundry machines may pose challenges, but iCREDIT specialises in tailored solutions.
Our finance specialists understand the unique needs of laundromats, working directly with you to align financing with your business goals. We recognise the value of your time and the challenges of being off-site. Let iCREDIT guide you to the perfect laundromat finance solution, ensuring your business thrives with enhanced efficiency and growth

A quicker, hassle free lending journey

Experience the ease of our straightforward stepped process, ensuring you access your funds without delay.

Apply

Apply Online using our simple application form to start your finance journey

Compare

We’ll compare your equipment loan through our panel of lenders to find a suitable solution.

APPROVAL

Get your transparent loan offer with interest rate and repayments to approve.

SETTLE

Funds are transferred to the seller within 24 hours, helping you take delivery sooner.

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Why Choose iCREDIT?

At iCREDIT, we recognise that every business is distinctive. That’s why we invest the time to deeply understand your specific business objectives, allowing us to craft loan products perfectly tailored to your individual needs. We specialise in offering flexible financing solutions for a wide range of business-related equipment, with a strong emphasis on commercial washers and laundry equipment.

Loan types available

Financial Leasing

Rent To Own

Unsecured Lending

What Customers Say About Us

Cabdulaahi Y. profile picture
Cabdulaahi Y.
2 years ago
Michelle W. profile picture
Michelle W.
2 years ago
Michelle from icredit was great to deal with. Easy to contact and made everything seem so easy
Angela O. profile picture
Angela O.
2 years ago
For a money man I found Wayne to be honest and very upfront which helped. No sugar coating anything, no false hope. Thank you for your help. The boys love their new car.
Kristyl Ben J. profile picture
Kristyl Ben J.
2 years ago
Easy process fast result highly recommend
Ash A. profile picture
Ash A.
2 years ago
Very happy with what Michelle has done for us both for a personal and a car loan. Michelle is very efficient and organized and made the process quite comfortable and streamlined. Definitely recommend Michelle.
TFB A. profile picture
TFB A.
2 years ago
iCredit have arranged two motor vehicle finance loans for us to purchase trucks. We have been really happy with the service provided by iCredit and would happily recommend them to others. Cameron Tfbhire.com.au
DIS J. profile picture
DIS J.
2 years ago
Hi Scott, I wanted to take a moment to express my sincere appreciation for your invaluable assistance in helping me navigate the complexities of car warranties. Your expertise and dedication made the entire process smooth and stress-free. Your thorough understanding of the various warranty options available ensured that I could make an informed decision that best suited my needs. Your patience in answering all my questions and clarifying any doubts reassured me every step of the way. Moreover, your commitment to providing personalized support and going above and beyond to address any concerns truly sets you apart. Your professionalism and attention to detail are commendable, and I am grateful for your unwavering support throughout the entire process. Thanks to your guidance, I now have the peace of mind knowing that my car is protected by a comprehensive warranty that meets all my requirements. Your dedication to customer satisfaction is evident, and I have no hesitation in recommending your services to anyone in need of expert advice on car warranties. Once again, thank you, Scott, for your exceptional assistance. I look forward to working with you again in the future and will not hesitate to reach out whenever I need assistance with any financial matters. Best regards, SID
Luke P. profile picture
Luke P.
3 years ago
I would like to thank Al Purton for his professionalism and hard work to get my loan for a work car over the line within a matter of days. His knowledge, hard work and customer service were second to none. Thank you so much Al, I will definitely be recommending you to everyone!!

Customer Reviews

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Common Questions

Essential commercial laundry machines for a laundromat include washers, dryers, and folding tables. Depending on space and demand, high-capacity front-loading washers and energy-efficient dryers are commonly chosen

Laundromat owners can explore options such as equipment loans, leasing, or equipment financing programs tailored to the specific needs of their business. iCREDIT offers a range of equipment financing options to choose from.

Lenders assess factors such as the business’s credit history, cash flow, profitability, and the owner’s personal credit score to determine creditworthiness for equipment financing.

Leasing offers lower upfront costs, potential tax benefits, and the ability to upgrade to newer equipment at the end of the lease term, providing flexibility for laundromat owners.

Owners should consider factors like interest rates, repayment schedules, and any potential penalties for early repayment. Tailoring the repayment terms to match the laundromat’s cash flow can be essential.

Interest rates are generally fixed for the loan term. Fixed rates provide stability, while variable rates may offer flexibility.

The approval process involves submitting your financial information and details about the equipment. Once approved, funds are released, and you can acquire the necessary commercial equipment.

Yes, both Chattel Mortgage and Leasing may offer tax benefits, and the interest paid on the finance is often tax-deductible.

The age and condition of existing equipment may influence financing terms. Lenders may offer more favorable terms for financing new, energy-efficient equipment compared to older models, as it can enhance the overall efficiency and value of the laundromat.

The choice depends on factors like your preference for ownership, budget considerations, and whether you want the flexibility to upgrade equipment in the future. Consulting with a finance expert can help you make an informed decision.

To apply for a loan, you will need to meet some lender requirements

Are at least 18 years old

Permanent resident of Australia or a valid visa holder

Business Finance Buying tips & hints