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DRY CLEANER FINANCING WITH CELTIC BANK
Buy or Expand Your Dry Cleaner
Looking to buy or expand a dry cleaning service? Whether you need money to buy out another cleaner, update equipment to meet environmental regulations or expand into the commercial market, partner with a lender who understands the unique financing needs of a dry cleaner.
Our team is experienced in handling the challenges that come with dry cleaners, like covering gaps in cash flow, or expanding clientele as fashion trends become even more causal.
We structure our loans around these challenges. We provide financing for the things that help keep your dry cleaner competitive, upgrading equipment or expanding services to commercial businesses.
Our SBA 7(a) loans provide fast, affordable, funding. This frees up your time to focus on the important things, like cleaning more items, quicker.
Dry Cleaner Financing Details
The competitive terms of an SBA 7(a) loan make it one of the most popular financing options for dry cleaning businesses. As a preferred SBA lender, we can approve loan applications in house, accelerating your time to funding.
With SBA 7(a) Financing Get:
- Competitive rates
- Up to 90% loan-to-value (LTV)
- Up to $5M in funding
- Terms of up to 25 years
- No balloon payments
USES OF DRY CLEANER FINANCING
Get What You Need—and When You Need It
An SBA 7(a) loan is one of the best ways to invest in the things that help you grow at – at a price you can afford. You can use an SBA 7(a) loan to:
Buy a dry cleaning business
Renovate an existing dry cleaner
Purchase commercial real estate
Buy out a partner
Expand services
Refinance business debt
Upgrade equipment
RECENTLY FINANCED DRY CLEANERS
Let Celtic Bank Fund Your Dry Cleaner
CASESTUDY
Don’t Just Take Our Word for It
