Starting a coin-operated laundry or replacing existing equipment usually requires financing. If you're starting a coin/card business and having financing arranged, Hercules requires just a letter of commitment from your lending institution in order to begin the equipment purchase process.

If you haven't already gotten financing, you can get pre-qualified from most corporate finance companies by demonstrating a net worth equal to the value of your borrowing amount. This is usually used for equipment purchase, and can often cover up to 100% of equipment costs.

Capital improvements and build-out costs are usually out-of-pocket expenses.

If you have not yet arranged financing, Hercules can refer you to reputable lenders who offer finance terms that are among the best in the industry. Hercules' referred lenders can review and make recommendations regarding your financing needs.