Tag: Speed Queen

At Star Distributing, our laundry financing solutions are built for your business success.

Below is an overview of our current finance promotional offering with Speed Queen. Reach out to your dedicated Star Distributing Team Member by calling 800-897-7570 or filling out our “Request A Quote” form below…

• VENDED FINANCE PROMOTIONS

Replacement Promotion

• 120 days no payment (1st payment due day 120)
• WSJ Prime + 1.75% (WSJ prime rate floor of 4%) (currently 5.75%)
• All laundromat replacement equipment eligible
• Maximum Term of 96 months (deals over $100k) & 84 months (deals over $25k)
• 9 & 10 Year financing may be available on select deals
• Based on deal size and will have a higher rate
• $400 Admin Fee capitalized into the balance
• Approval Deadline – 9/30/2021
• Funding Deadline – 12/29/2021
• No prepayment penalty

New Store Promotion

• 16 months Interest only
• All new store laundromat equipment eligible
• WSJ Prime + 3.00% (currently 6.25%)
• 90 days deferred (no payment until day 90)
• Maximum Term 96 months
• 9 & 10 year financing available on selected deals
• Based on deal size and will have a higher rate
• 0.25% ($500 minimum) administration fee capitalized into the amount financed
• Approval Deadline – 9/30/2021
• Funding Deadline – 12/29/2021
• No Pre-Payment Penalty

0% Financing. No Payments for 90 Days.

• 0% first 6 months; followed by a variable rate of Prime + 2.74% for the remainder of the term (60-72 month terms)
• No pre-payment penalty
• No money down
• Financed amounts of up to $250k
• All OPL equipment eligible
• Applications must be received prior to 9/30/2021 and funded by 12/30/2021
• Alliance Laundry Systems reserves the right to terminate this promotion at any time prior to 9/30/2021
• Only available in the US through participating Speed Queen distributors
• ON-PREMISES LAUNDROY FINANCE PROMOTIONS

0% Financing. No Payments for 90 Days.

• 0% first 6 months; followed by a variable rate of Prime + 2.74% for the remainder of the term (60-72 month terms)
• No pre-payment penalty
• No money down
• Financed amounts of up to $250k
• All OPL equipment eligible
• Applications must be received prior to 9/30/2021 and funded by 12/30/2021
• Alliance Laundry Systems reserves the right to terminate this promotion at any time prior to 9/30/2021
• Only available in the US through participating Speed Queen distributors

*Available in North America only

** Rates are subject to formal credit approval and acceptable credit scores.

Request A Quote