Owning vs. Leasing laundry equipment.

Are you thinking of openning a laundromat, an assited living or healtcare facility or a hospitality business? Laundry is VERY important for these industries but the high price of initial investment might be stopping you. What if we tell you there’s another option? Let’s talk about owning vs. leasing so you can make the best decision for your business.

The truth is that industrial laundry equipment it’s not cheap. This means that if you need new equipment you’ll probably need to find a wat to finance that purcharse.

The traditional way to acquire laundry equipment is through a loan from a financial institution. The biggest challenge for business owners is usually a big down payment. This means you need a healthy amount for initial capital, plus interests depending on the terms of the loan. During the years that takes to pay off the debt, you still have to worry about maintenance, parts, and other extra expenses.

Owning vs. leasing: What is the best option for your business?

owning vs. leasing

Contrary to the outdated thought that leasing “costs more money”, when you take a deeper look it’s obvious that with today’s economy the total cost of owning your laundry equipment is more expensive than the cost of leasing with Southeastern Laundry.

The best part of leasing is that it allows you to create a budget and stay on it! With our leasing agreements you don’t have to worry about any extra expenses or unexpected downtime of your operation.

Southeastern Laundry’s Equipment Leasing program gives you access to the equipment you need fast without a credit check or any money down. You never have to pay for service or parts, and routine scheduled maintenance is included.

Are you ready to make a decision? Do you need more information? Contact us and we will gladly help you figure out what is the best option for you.

Back to Blog