Discuss your financial needs with your Speed Queen® Financial Services Relationship Manager.

Q: Do you offer pre-approvals?

A: Yes, our PREQUAL Program allows customers to receive immediate feedback based on an estimated financed amount by submitting only a completed credit application and personal financial statement.

Q: How fast can I expect an answer on my credit application?

A: Typically, credit decisions are made within 24 hours of receiving a complete application package.

Q: How do I get started?

A: Complete our one page credit application and visit your local distributor to identify your equipment needs. Your distributor will assist you in preparing a complete finance package based on the amount of your loan request.

Q: What are my cash investment requirements on a new store purchase?

A: Alliance will look to finance up to 70% of the total project cost leaving the customer with a 30% cash investment. The total project cost consists of all costs associated with building the laundromat including equipment, leasehold improvements, construction, impact fees and all other relevant costs.

Q: Are there any prepayment penalties?

A: No, our loans can be prepaid in full or part at anytime without penalties.

Q: Is there an application fee?

A: While Alliance does not charge an application fee, there is a one time administration fee due after loan closing. The fee is $300.00 and is capitalized into the loan balance at the time of funding. Seasonal promotions, refinancing and acquisitions may deviate from the standard.

Q: Can I submit a credit application through fax for priority mail?

A: Yes, please download the PDFs below and mail to Financial Services Department, P.O. Box 990, Ripon, WI 54971 or fax to 1-920-748-4477

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