News

Speed Queen Fall Promotions

By: JJones, 9/10/12

September 1st Speed Queen introduced three promotions designed to lower your cost of purchasing and financing new equipment for your laundromat. There are two Financing Programs built to fit your replacement and/or large retool needs as well as New Store Installations. Along with these financing promotions Speed Queen has introduced a “Trade and Save Promotion” which we are very excited about. It means tremendous savings to any store owner looking to replace older equipment. Let’s take a few minutes to see what they are all about.

Trade and Save Promotion:
Designed to offer Instant Rebates to customers looking to replace older equipment with the latest Utility Saving offerings from Speed Queen. This promotion allows you to trade in any machines you have for at least five Rigid Mount Vended Washer-Extractors or Drying Tumblers listed below.

Washer Extractor Model Instant Rebate
SC20 $200.00
SC30 $300.00
SC40 $400.00
SC60 $600.00
SC80 $800.00
Drying Tumblers Instant Rebate
STT030 $400.00
STT045 $500.00

This promotion allows you to mix and match any machinery you would like. For example:

Let’s say you want to replace a bank of Five Toploaders with Five SC20’s. You will receive an instant rebate of $200 off of each SC20 for a total savings of $1000.00.

Now let’s say you still want to replace those Five Toploaders but instead of SC20’s only you are thinking of purchasing Two SC20s, Two SC40s and One SC80. You will receive an Instant Rebate of $200.00 for each SC20, $400 for each SC40, and $800 for the one SC80 equaling a total savings of $2000.00!!!!

As long as you are Buying five of the above units you have the freedom to choose the equipment you want. And, you are not limited to just five machines!!!

In addition to the “Trade and Save Promotion” Speed Queen is also running Two Finance Specials. Both of which CAN finance the benefits of the “Trade and Save Promotion”.

Replacement Equipment Financing Promotion:

12 Month Interest Only and 6.99% Variable Interest Rate
Designed to assist store owners looking to replace current equipment with new. Specific details listed below.

  • The current variable rate on this option is 6.99% and will not increase until the Prime Rate exceeds 5.5%!!
  • Maximum term of loan is 84 Months
  • Interest only for the first 12 months
  • 1st interest payment due on day 30
  • Minimum Finance Amount – $25,000
  • Maximum Finance Amount – $150,000
  • Transactions less than $25,000 are eligible for the interest rate of 6.99% but NOT the interest only period.
  • Approval Deadline Nov. 30th, 2012
  • Funding Deadline Dec. 31st,  2012
  • $300 Loan Administration Fee

New Store or Large Retool Financing Promotion:

18 Months Interest Only, 8 Year Term, 7.5% Variable Interest Rate
Designed to assist new owners as well as current owners who are looking to replace a majority of equipment and will be financing $150,000 or more

  • The current variable rate on this option is 7.50% and will not increase until the Prime Rate exceeds 5.5%!!
  • Maximum term of loan is 96 Months
  • Interest only for the first 18 months
  • 1st interest payment due on day 30
  • Minimum Finance Amount – $150,000
  • Approval Deadline Nov. 30th, 2012
  • Funding Deadline Dec. 31st,  2012
  • $300 Loan Administration Fee

We feel this Fall is a perfect time to replace your aging machines with brand new, energy efficient Speed Queen equipment. Contact your sales representative today, or email jjones@joshua-jones.com to find the representative in your area.