Without steady, regular cash flow, running your launderette or dry cleaning business can be a major headache.
Designed specifically to meet the requirements of dry cleaning businesses, launderettes and other small and mid-sized, our merchant cash advances allow you to borrow between £5,000 and £200,000 for your business.
Our merchant cash advances don’t have any fixed monthly repayments or hidden APR for you to worry about, letting you focus on running your business. After receiving your cash merchant cash advance, you can:
Increase your working capital, letting you pay employees, suppliers and contractors without worrying about the effects on your short-term cash flow.
Market and advertise your business to increase foot traffic, strengthen your branding and generate additional revenue.
Purchase new cleaning equipment to improve your ability to serve local customers and earn more revenue from your existing locations.
Expand your existing premises or open new locations to serve more customers, generate more revenue and strengthen your business.
Purchase delivery vans to offer additional services and expand your business’s service area.
Purchase the lease on your premises to own your location, improve your profit margin and gain a new level of control over your business.
From paying your staff and suppliers to purchasing and maintaining your cleaning equipment, running a successful launderette or dry cleaning business depends on predictable access to capital and steady cash flow.
Our merchant cash advances allow you to access between £5,000 and £200,000 to run and grow your dry cleaning business or launderette.
Unlike a traditional small business loan, there are no fixed terms, hidden fees or fixed monthly repayments. Instead, you’ll pay back your cash advance over time using a small, agreed upon percentage of your dry cleaning business or launderette’s credit and debit card sales.
This means that you’ll pay back more of your cash advance when business is good and sales are high, all while paying back less in slow, low-revenue months.
The result is less stress and fewer hazards for your dry cleaning business’s cash flow, letting you spend your time running and growing your business instead of worrying about upcoming repayments.
We provide merchant cash advances to dry cleaning stores and related businesses of all sizes, from small businesses to growing chains. Depending on the needs of your business and your existing sales revenue, you could borrow up to £200,000 to fund operations and expansion.
Upon receiving your application, we’ll assign you a dedicated funding advisor to assist you with the entire process. If your application is successful, you’ll receive your funding as a direct lump sum deposit into your business’s bank account.
From there, you can spend your merchant cash advance as required to operate your business or fund growth. You’ll pay back your cash advance via a small, agreed upon percentage of your business’s monthly credit card and debit card transactions.
With no hidden APR or fixed monthly payments to worry about, the effects on your cash flow are minimal, giving you all of the benefits of a conventional small business loan with none of the key disadvantages.
This means you can focus entirely on running, growing and strengthening your business, all with a repayment system that takes your small business’s revenue fluctuations into account.