Commercial Laundry Equipment Financing Guide

Commercial Laundry Equipment Financing

Q: What is the monthly payment for a coin laundry buildout?

A small coin laundromat with 15–20 machines (10 washers, 8 dryers) costs approximately $60,000–$120,000 in equipment. Financed over 60 months at 7% APR, monthly payments run $1,188–$2,376. A mid-size laundromat (25–35 machines) at $150,000–$250,000 runs $2,970–$4,950/month over 60 months. A large vended laundry with 50+ machines at $350,000–$600,000 runs $6,930–$11,880/month. Equipment financing typically covers 80–90% of the machine cost; leasehold improvements, utility hookups, and permits are typically cash or SBA-funded separately.

Q: How do EPA PERC regulations affect dry cleaning equipment financing?

EPA regulations under 40 CFR Part 63 Subpart M (existing dry cleaners) and Subpart JJJJJ (new dry cleaners) restrict perchloroethylene (PERC) use. Some lenders are cautious about financing PERC equipment due to future regulatory risk and environmental liability — if PERC is phased out or further restricted, the equipment may become worthless. Hydrocarbon and GreenEarth alternative solvent machines (Renzacci, Böwe) are easier to finance and have better long-term collateral value. California has already phased out PERC dry cleaning statewide (effective 2023). Environmental liability associated with PERC remediation can also affect lease/property financing.

From a $50,000 coin laundromat buildout to a $3,000,000 industrial tunnel washer system. Speed Queen, Milnor, Dexter, Electrolux Professional, Miele, Renzacci, Jensen Group. This guide covers monthly payment estimates, EPA PERC regulations, brand comparisons, and income potential for coin laundry, on-premise laundry, and dry cleaning operations.

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$50K–$3M+Laundry Operation Range

36–84 moLoan Terms Available

10–20%Typical Down Payment

15–25 yrsSpeed Queen Equipment Life

Key Facts: Commercial Laundry Equipment Financing

Coin Laundry Buildout$50,000–$200,000

Industrial Laundry$500,000–$3,000,000+

Top BrandsSpeed Queen, Milnor, Dexter, Electrolux

Loan Term36–72 months; tunnel washers 60–84 mo

Down Payment10–20%; startup 20–30%

PERC PermitRequired for dry cleaning operations

Equipment Pricing & Finance Terms

Commercial Laundry Equipment: All Categories, Prices & Brands

The table below covers all major categories of commercial and industrial laundry equipment. Rates assume 7% APR for established operators with 650+ credit. Dry cleaning equipment may carry higher rates due to PERC regulatory considerations.

Equipment Category	Price Range (New)	Top Brands / Models	Finance Term
Coin-Operated Washers	$800–$3,000	Speed Queen SC Series, Dexter T400/T600, Huebsch HC Series	24–60 mo
On-Premise Washers 18–50 lb	$5,000–$25,000	Speed Queen SC050/065/080, Dexter T400/600, Wascomat W665	36–60 mo
Industrial Washers 50–150 lb	$20,000–$80,000	Milnor MW, Unimac UW065/UW105, Chicago Dryer	36–72 mo
High-Capacity Washers 150–800 lb	$50,000–$200,000	Milnor M-Plex, Pellerin Milnor, Girbau, Jensen	48–84 mo
Barrier Washers (healthcare)	$30,000–$150,000	Milnor Barrier, Miele Professional PW 6000, IPSO	36–72 mo
Commercial Dryers 18–50 lb	$3,000–$15,000	Speed Queen, Dexter, Huebsch	24–60 mo
Industrial Dryers 50–400 lb	$10,000–$60,000	Chicago Dryer, Ellis, Milnor, Girbau	36–72 mo
Tunnel Washers / CBW	$500,000–$3,000,000	Jensen Group, Milnor CBW, Kannegiesser, Lapauw	60–84 mo
Flatwork Ironers	$30,000–$200,000	Jensen Senking, Chicago Dryer TL, Lapauw	48–72 mo
Dry Cleaning Machines (PERC)	$20,000–$100,000	Renzacci, Böwe, Firbimatic, ILSA	36–60 mo
Dry Cleaning Machines (Hydrocarbon / GreenEarth)	$30,000–$150,000	Renzacci, Böwe, Sankosha	36–72 mo
Steam Presses / Finishing Equipment	$2,000–$30,000	Sankosha, Forenta, Hoffman New Yorker	24–60 mo

Operation Type Comparison

Coin Laundromat vs. On-Premise Laundry vs. Dry Cleaning Plant

Factor	Coin Laundromat	On-Premise Laundry	Dry Cleaning Plant
Startup Equipment Cost	$50,000–$200,000	$100,000–$500,000+	$80,000–$300,000
Revenue Potential	$80K–$1.2M+/yr	$1M–$10M+ (institutional)	$200K–$800K/yr
Regulatory Burden	Low — water/sewer permits	Moderate — healthcare regs if applicable	High — EPA PERC, fire, hazmat
Equipment Lifespan	15–25 years (Speed Queen)	10–20 years	10–20 years
Financing Ease	Easy — strong collateral	Moderate — business financials needed	Moderate-Hard — PERC concerns
Staff Required	0–2 (can be fully automated)	4–30+ depending on scale	3–10+
Customer Base	Walk-in residential	Single institutional customer	Walk-in + wholesale B2B

Equipment Manufacturers

Major Laundry Equipment Manufacturers & Country of Origin

Speed Queen and Dexter dominate US vended laundry. For institutional and industrial laundry, European brands (Jensen, Kannegiesser, Girbau) lead the large-capacity market. Country of origin matters for financing — US-manufactured equipment has the strongest secondary market recognition.

Speed QueenRipon, WI — USA 🇺🇸

Milnor / Pellerin MilnorKenner, LA — USA 🇺🇸

Dexter LaundryFairfield, IA — USA 🇺🇸

HuebschRipon, WI — USA 🇺🇸

UnimacRipon, WI — USA 🇺🇸

Chicago DryerChicago, IL — USA 🇺🇸

Electrolux ProfessionalSweden 🇸🇪

Miele ProfessionalGütersloh, Germany 🇩🇪

GirbauVic, Spain 🇪🇸

Jensen GroupBelgium 🇧🇪

KannegiesserVlotho, Germany 🇩🇪

RenzacciCittà di Castello, Italy 🇮🇹

Böwe TextileGermany 🇩🇪

SankoshaJapan 🇯🇵

ForentaMorristown, TN — USA 🇺🇸

EPA & Regulatory Requirements

Dry Cleaning PERC Regulations & Environmental Permits

Dry cleaning operations using perchloroethylene (PERC) face significant federal, state, and local regulatory requirements. These regulations directly impact equipment financing decisions.

40 CFR Part 63 Subpart M: National Emissions Standard for Hazardous Air Pollutants for existing dry cleaning facilities using PERC. Requires emission controls, leak inspection programs, and recordkeeping.
40 CFR Part 63 Subpart JJJJJ: Requirements for new area source dry cleaning facilities — stricter than Subpart M. New dry cleaners in residential buildings prohibited from using PERC since 2008; phased out at commercial locations starting 2023.
California PERC Phase-Out: California has banned all PERC dry cleaning equipment effective January 1, 2023. Operators must transition to hydrocarbon, GreenEarth, or wet cleaning equipment. Other states may follow.
State Environmental Permits: Most states require air quality operating permits for PERC users. Annual reporting and emission testing required.
Fire Department Hazmat Permits: PERC and hydrocarbon solvents require local fire department hazardous materials storage permits and annual inspections.
Wastewater Discharge Permits: Laundry operations discharge significant wastewater. Industrial pretreatment permits required in many municipalities for laundries above certain volume thresholds.
Building / HVAC Ventilation Permits: Dry cleaning operations require specialized ventilation systems to meet OSHA PEL for PERC (25 ppm 8-hr TWA). Building permits required for installation.
Vented Laundry Emissions: Coin laundromats with natural gas dryers may need air quality permits in certain air basin management areas (particularly California's SJV and SoCal AQMDs).

Income Potential

Commercial Laundry Operation Revenue Estimates

Small Coin Laundry

10–15 machines

$80K–$200K Revenue

$30K–$80K Owner Income

600–1,200 sq ft location, 8–10 washers, 5–8 dryers. Low-overhead, semi-passive income if self-service. Utilities and rent are primary expenses.

Standard Laundromat

20–30 machines

$200K–$450K Revenue

$60K–$180K Owner Income

1,500–3,000 sq ft. Mix of top-loaders, front-loaders, and large-capacity washers. Drop-off/wash-dry-fold service adds significant revenue.

Large Laundromat

50+ machines

$500K–$1.2M Revenue

$150K–$400K Owner Income

3,500–6,000+ sq ft modern facility with attendant service, Wi-Fi, and app-based payment. Premium market positioning at $4–$8/load.

Healthcare / Industrial Laundry

Institutional contract

$1M–$10M+ Revenue

$150K–$1.5M Owner Income

Hospital linen services, hotel laundry, uniform cleaning. Long-term institutional contracts. Capital-intensive: tunnel washers, flatwork ironers, $500K–$3M equipment.

Equipment Financing

0% Down Available on All Brands

Axiant Partners finances all major equipment brands — Caterpillar, Komatsu, John Deere, XCMG, SANY, and 200+ more. 0% down available for qualified borrowers regardless of brand. Terms 36–84 months.

✓ 0% down for qualified borrowers
✓ All brands including XCMG and SANY
✓ New and used equipment
✓ Startups and established businesses
✓ Decision in 24–48 hours

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Common Questions

Commercial Laundry Equipment Financing — FAQ

What is the monthly payment for a coin laundry buildout?

A small coin laundromat with 15–20 machines costs approximately $60,000–$120,000 in equipment. Financed over 60 months at 7% APR, monthly payments run $1,188–$2,376. A mid-size laundromat (25–35 machines) at $150,000–$250,000 runs $2,970–$4,950/month. A large vended laundry with 50+ machines at $350,000–$600,000 runs $6,930–$11,880/month. Equipment financing typically covers 80–90% of machine cost; leasehold improvements and utility hookups are typically funded separately.

How do EPA PERC regulations affect dry cleaning equipment financing?

Some lenders are cautious about financing PERC equipment due to future regulatory risk and environmental liability. California eliminated PERC dry cleaning in 2023, and other states may follow. Hydrocarbon and GreenEarth alternative solvent machines are easier to finance and have better long-term collateral value. 40 CFR Part 63 Subparts M and JJJJJ impose ongoing compliance costs that lenders weigh when evaluating dry cleaning financing applications. Environmental remediation liability from PERC can make some lenders reluctant entirely.

Should I lease or buy commercial laundry equipment?

For coin laundromats planning to operate 7+ years, buying (financing) is almost always superior. Commercial washers and dryers from Speed Queen and Dexter last 15–25 years — far outlasting any lease term. You build equity and take Section 179 deductions. Operating leases work better for on-premise hotel or hospital laundry wanting to refresh equipment on 5–7 year cycles. See our full equipment financing vs. lease guide.

What are the best brands for laundry equipment financing?

Speed Queen, Dexter, Huebsch, and Milnor are the most readily financed brands. All have active secondary markets and documented resale values. Speed Queen (Alliance Laundry Systems) is the dominant US brand for vended laundry. For institutional (150 lb+) equipment, Milnor, Girbau, and Jensen are recognized by specialty lenders. European brands require lenders familiar with the segment but are financeable with appropriate documentation.

How do I finance a coin laundry startup?

Coin laundry startups can be financed through specialty equipment lenders or SBA 7(a) loans. Requirements typically include: 650+ personal credit, 10–20% down payment, location lease signed, and utility capacity confirmed. SBA 7(a) loans allow bundling equipment + leasehold improvements + working capital into one loan. Several specialty lenders have dedicated coin laundry programs with streamlined approval for Speed Queen and Dexter equipment.

What credit score is required for laundry equipment financing?

Most equipment lenders require 640–660+ for established laundry businesses and 680+ for startups. Coin laundry equipment (Speed Queen, Dexter) is among the easiest commercial equipment to finance due to exceptional resale values. Alternative lenders work with 580–620+ for established operators with strong bank statements. See our equipment financing credit requirements guide.

How much does it cost to start a coin laundry?

A small coin laundromat (15–20 machines, 1,200–1,800 sq ft) in existing space costs $80,000–$200,000 total: equipment ($50,000–$120,000), leasehold improvements ($15,000–$50,000), permits and utility hookups ($5,000–$20,000), and working capital ($10,000–$20,000). A mid-size facility (25–40 machines) costs $200,000–$450,000. A large modern laundromat with premium machines costs $400,000–$800,000+.

How does tunnel washer financing work?

Tunnel washers (continuous batch washers or CBW) range from $500,000 to $3,000,000 and require lenders with industrial laundry expertise. Financing requires 0–20% down depending on credit (0% available for qualified borrowers), 60–84 month terms. Lenders want 2–3 years of business financial statements, institutional customer contracts (hospitals, hotels, linen services), and demonstrated revenue of $2M+. Jensen Group, Milnor CBW, and Kannegiesser offer OEM financing programs for qualified operators. See our equipment financing guide for large-ticket equipment strategies.

Related Resources

More Equipment Financing Guides

Restaurant Equipment Financing — Commercial kitchens, dishwashers, hood systems
Food Processing Equipment Financing — Mixers, ovens, packaging lines
Section 179 Equipment Tax Deduction — Full first-year expensing
Equipment Financing for Startups — SBA and specialty lender options
How Commercial Equipment Financing Works — Loans vs. leases explained
Equipment Financing vs. Lease — Detailed comparison
Equipment Financing Credit Requirements — Score, time in business, financials
New vs. Used Equipment Financing — Pros, cons, and lender requirements

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Informational resource only. Not an offer of credit or guarantee of approval. Terms vary by lender and equipment type.