Washer and dryer replacement
Fund the staggered replacement of commercial washers and dryers at end-of-life cycles.
Washer Replacement Day Is Expensive. Multi-Store Expansion Is Where the Money Is.
A working capital line of credit up to $1.5M for laundromat operators. Fund machine replacement, water systems, and the multi-store expansion that scales the business.
Working capital for the laundromat economy.
Coin-operated laundries are deceptively capital-intensive. Commercial washers and dryers cost $5,000 to $20,000 each. A typical store needs 20 to 40 machines. Replacement cycles run 10 to 15 years, and when replacement day comes, the cost lands hard. Water heater systems, soft water installations, and utility upgrades all require capital. Add the cost of card systems replacing coin, mobile payment integration, and the operational shift toward wash-dry-fold and pickup-delivery, and modern laundromats need more capital than ever. The biggest opportunity in the industry is multi-store ownership, which requires capital to execute.
Commercial Capital Connect provides laundromat operators a working capital line of credit up to $1.5 million with interest-only options. Fund machine replacement. Upgrade water systems. Add a card system. Acquire a second store. Same-day approvals, fast funding, and the flexibility to draw when the right deal surfaces.
Water heater and soft water system upgrades
Cover the cost of high-efficiency water heaters, soft water systems, and utility upgrades that reduce operating cost.
Card system and mobile payment conversion
Fund the conversion from coin to card and mobile payment systems that improve customer experience and store revenue.
Multi-store acquisition and expansion
Fund the down payment, due diligence, and working capital for acquiring a second, third, or tenth store.
Wash-dry-fold and pickup-delivery service buildout
Add the service infrastructure, marketing, and operations that expand into higher-margin service offerings.
Basic line of credit review criteria
These are baseline review items, not an approval, offer, or commitment to lend.
- Estimated Equifax score of 575 or higher
- Operating at least 30 days
- About $17,000+ in average monthly revenue
- Active commercial business location
- 0 to 2 active cash advances preferred
Why Commercial Capital Connect
CCC is a business finance marketplace, not a direct lender. One application can help compare potential options through a network of 75+ lending partners.
Multi-store operations are the goal
We understand the multi-store laundromat thesis and structure capital to support it.
Capital equipment cycles are familiar
Long replacement cycles and lumpy capital expenditures are expected. We work with it.
Interest-only payment options
Keep monthly costs lean and pay down principal as multi-store revenue grows.
Refinance restrictive financing
Pay off up to two existing cash advances or short-term loans into a flexible LOC.
Coin-Operated Laundries funding FAQ
Can a single-store operator qualify?
Yes. Single-store operators qualify on the standard criteria: 575 Equifax, 30 days TIB, $200K annual revenue.
Can the line fund an acquisition of a second store?
Working capital for an acquisition is a valid use. Larger acquisition-specific transactions may require additional documentation.
What about converting from coin to card?
Card system installation, mobile payment integration, and the infrastructure conversion are valid working capital uses.
Can I use the line to add wash-dry-fold service?
Yes. Service buildout, marketing, and operations costs for expanding into wash-dry-fold are valid uses.
How does the line interact with my equipment financing?
The line provides flexible working capital that complements equipment-specific financing on machines.