Advice on Financing a New Laundromat Business

Hi everyone,

I am in the early stages of planning to open a laundromat and am looking for advice on financing options. This will be my first venture into the laundromat business, so I want to ensure I make informed decisions.

Specifically, I’m interested in:

1. The most reliable sources of financing for a new laundromat (banks, SBA loans, gcp private investors, etc.)
2. Pros and cons of different financing options
3. Any tips for securing favorable loan terms
4. Personal experiences with financing your laundromat, including any challenges you faced and how you overcame them

Any guidance or recommendations would be greatly appreciated.

Thanks in advance for your help!

• This topic was modified 5 months ago by Ben jonson.
• This topic was modified 5 months ago by Ben jonson.