Can my laundromat get funding to help with slow paying commercial accounts?

Hotel contracts and restaurant accounts are great for steady work, but net-30, net-60, or even net-90 payment terms can strangle your cash flow. You've already paid your staff, bought the chemicals, and covered overhead. Waiting months to get paid isn't always possible. A quick business loan bridges that gap without losing those valuable commercial relationships.

How laundromats handle commercial payment delays:

• Cover immediate payroll: Your staff washed those hotel linens last week. They need paychecks this week, not when the hotel chain finally processes payment.
• Buy supplies for upcoming jobs: You can't tell your restaurant client you're waiting for their competitor to pay before you can order detergent.
• Maintain operations: Rent, utilities, and insurance don't offer net-60 terms like your commercial clients expect.

QuicLoans understands the commercial laundry cycle. We look at your total laundromat revenues. If your laundromat is depositing $10K+ monthly and has been in business for at least 3 months, you likely qualify.

The irony is real: the bigger the contract, the slower they pay. But losing a $50K annual hotel contract because you can't float their payment terms can cost your business its future. Get approved and funded with QuicLoans in as little as 3 hours and leave the operational stress behind.