Financing
TheLaundryList is proud to introduce you to LRI Equipment Finance, our strategic partner in equipment financing.
LRI Finance has been providing equipment financing solutions for businesses across North America for more than 31 years. Through an extensive network of lending partners and a straightforward financing process, LRI helps companies invest in the equipment they need with competitive rates, flexible terms, and payment options tailored to their business goals.
Whether you’re purchasing new or pre-owned commercial laundry equipment, LRI understands the unique needs of the industry and is committed to making financing simple, transparent, and efficient. Their experienced team works with a wide range of credit profiles to help customers secure financing that fits their budget and supports long-term growth.
For additional information please contact TheLaundryList Finance Manager:
Mr. Matt Dodge
1.810.355.8616
[email protected]
Benefits of Financing
Less Impact on Cash Flow
You can structure payments to parallel your cash flow. Financing can be great for seasonal or cyclical businesses that prefer to schedule payments during peak cash flow periods.
Reduced Paperwork & Approval Time
Most credit decisions can be made within four business hours. Transactions up to $100,000.00 can require the completion of only a simple, one-page application.
Conservation or Capita & Credit
Your lines of credit and sources of capital aren't tied up in equipment. Instead, they're available for opportunities such as inventory, marketing, or personnel.
100% Financing - Including Soft Costs
In addition to financing 100% of the equipment. you can include "soft" costs (up to 25% of the equipment cost) such as sales tax, shipping, maintenance, and installation.
Reduced Interest Rate Risk
By locking in fixed payments now, you can avoid the risk of inflation in the future.