Industry Funding

Business Loans & Funding for Laundromats and Coin Laundry Businesses

Laundromats are among the most equipment-intensive businesses in retail services — commercial washers and dryers are major capital purchases, a failed machine is lost revenue until it is replaced, and growth usually means either expensive equipment replacement, a laundromat acquisition, or modernization. Y Millennial Funding provides business funding for laundromats and coin laundry businesses — coin laundromats, card-operated and app-operated laundromats, full-service laundromats with wash-and-fold, and laundromats offering pickup and delivery — doing $100,000 or more in annual revenue. We underwrite based on revenue patterns and bank statement strength rather than the equipment as collateral or credit score alone, and laundromats' relatively steady, recurring cash flow is recognized in our underwriting. Funding is structured as a percentage of revenue, so remittance flexes with how the business performs rather than imposing a fixed monthly payment. Laundromat operators use funding to purchase and replace commercial washers and dryers, to repair equipment, to acquire a laundromat, to build out and renovate, to modernize with card and app payment systems, to add services like wash-and-fold and pickup and delivery, and to expand to additional locations. Funding can also cover what traditional equipment financing will not — acquisition, build-out, and modernization. Decisions are fast, which matters when a machine is down or an acquisition opportunity is time-sensitive. A merchant cash advance is not a loan; it is the purchase of future receivables. Not all applicants qualify, and approval depends on revenue patterns, time in business, deposit consistency, and other factors.

Merchant cash advances are not loans. Funding amounts, terms, and timing vary based on business performance and underwriting. Not all applicants qualify.