Laundry
Laundry Equipment Leasing
Gone are the days of the washboard, today’s laundry equipment requirements are a little more sophisticated! From launderettes and dry cleaners, to hotels and student accommodations, laundry equipment needs to be efficient, functional, and long-lasting.
That’s where Johnson Reed come in. We have experience working in this sector, having helped provide laundry equipment for over 50 installations in our 15+ years of operation.
We can source excellent leasing and finance packages to allow you to get new laundry equipment on much better terms than traditional bank lending or outright purchase.
We have experience of leasing the following equipment, including all coin operated laundry machines:
- Washers
- Dryer machines
- Stacking equipment
- Ironers
- Shirt finishing machines
We often jump at the chance to source new laundry equipment, as our underwriters love this sector and see a strong asset value in the equipment, hence are prepared to provide facilities over 5 years – often with no deposit!
By using leasing to get your new equipment, you are not only signing up to a fixed term agreement with no hidden costs, but also taking advantage of leasing’s inherent tax benefits. Write off 100% of the cost against your tax bill – a huge bonus over outright purchase!
So what more reason do you need? Sign a fixed-rate contract and secure inflation-proof laundry equipment leasing for a defined period with Johnson Reed.
Blog
Am I eligible for finance?
We’re often asked, particularly by new-start operators, ‘am I eligible for finance?’ Whilst the bank and more traditional lenders tend to operate by a very strict criteria, the process of securing finance with Johnson Reed is a straight-forward and much speedier process. The information required and the process itself can vary depending on a number of factors, and whilst we like to review each business case individually, we understand it can help to have some initial transparency on what’s involved. With this in mind, we’ve compiled a cheat sheet to give you the inside track on how asset finance is underwritten and approved in the UK.
Case studies
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