I constantly hear that SBA loans are hard for laundromats, especially “zombiemats.” I’ve connected with a laundromat owner who mentioned using Dexter Financials to fund their acquisition and new equipment. Has anyone had any experience with them? Im trying to acquire a laundromat with as less money down and leveraging the bank as much as possible.
Hello,
As per me SBA loans with a strong business plan and negotiate for seller financing to reduce upfront costs. Local banks and credit unions may offer better terms, and separately financing new equipment can help manage expenses. Combining these approaches can maximize your leverage with banks.
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