Laundromat Business Loans
Simple application. Simple process.
Laundromat business loans made easy.
If you own one or more laundromats, you are part of a huge industry that serves millions of Americans. Your laundromat can generate good income on a steady basis, but its operational expenses can add up quickly. That is when Balboa Capital can help. We offer laundromat business loans with predictable payments.
Finding a quick and easy way to obtain a loan for a laundromat can sometimes be challenging. However, that is not the case with Balboa Capital. Our website has a business loan application that takes just a few minutes to complete. Suppose your loan application is approved and you would like to move forward. In that case, one of Balboa Capital’s helpful business funding specialists will contact you to discuss your options and answer any questions you have.
- Loans from $20,000 to $250,000
- If approved, same-day funding is available
- Easy online application
- One-hour approval decisions during regular business hours
- Flexible terms available
- Competitive rates
Business loans in 3 easy steps.
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Submit a simple online application.
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Get a prompt decision during our normal business hours.
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If your application is approved, funds will be provided fast.
What we look for.
Minimum of one year in business
$300,000+ in annual revenue
FICO® score of 620 or more
These are some of our minimum lending requirements, and meeting them does not constitute a business loan approval.
Should you apply for a small business loan, additional lending criteria will determine if you qualify.
Easy approval requirements and quick funding.
As you know, your laundromat’s customers are all about convenience. The demands of work, school, and family can often lead to a time crunch, so nothing is more convenient than having access to a local laundromat. This is especially true for those who do not own a washer or dryer or live in apartments or condominium complexes with inadequate laundry facilities.
Balboa Capital is all about convenience, too. We are known for our quick turnaround times. You can use your laundromat business loan to stock up on inventory and supplies, pay your employees, launch a marketing campaign, and other daily business needs. To get started, apply for a small business loan.
Reasons to choose Balboa Capital.
Bank-owned business lender
Over $8 billion funded nationwide
Simple, quick process
Resources for laundromat business owners.
U.S. laundromat industry infographic
Facts, figures, and trends you might now know about.
How to manage small business profit
Check out these helpful tips and strategies.
How to trim business spending
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