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Laundrette Equipment Finance

Spread the cost of laundrette equipment from £30,000 to £150,000+ with flexible finance options. HP, lease, or refinance; compare rates from 40+ lenders.

Can you finance a laundrette equipment?

Yes, laundrette equipments are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £30,000 to £150,000, and most deals are written over 24–72 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
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Typical Cost

£30k – £150k

Approval Speed

24–48 hours

Same-day for < £50k

Rates From

7.0% APR

What would a laundrette equipment cost per month?

£80,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical laundrette equipment price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 7.5% APR
Term
24–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Laundrette Equipment buyers wanting to own it outright

Finance Lease

Rate
From 7.0% APR
Term
24–72 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient; claim 100% of payments against profit

Operating Lease

Rate
From 7.8% APR
Term
24–60 months
Deposit
1–3 rentals in advance
Ownership
Return at end
Best for
Upgrade laundrette equipment regularly. Off balance sheet.

Representative example

On a purchase price of £80,000: a 10% deposit of £8,000, then 48 monthly payments of £1,688 at 5.9% APR representative (fixed). Total amount payable £89,024, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Small self-service launderette, 6-8 machines £30,000 – £60,000 Small Launderette Fit-Out
Mid-size launderette, 10-15 machines £60,000 – £100,000 Mid-Size Launderette Fit-Out
Large-format launderette, commercial-grade machines £100,000 – £150,000 Large Launderette Fit-Out

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Tax benefits

Commercial washers and dryers are moveable plant and machinery and generally qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one, up to £1,000,000. HP allows capital allowances. Lease payments are fully deductible against profit. Installation costs such as three-phase power, water supply, and venting are treated separately, since they become part of the building once fitted rather than remaining moveable equipment.

Market context

Launderette buyers are typically an independent operator opening a new self-service shop or an existing operator replacing a bank of ageing machines rather than expanding into a new site. Commercial washers and dryers are long-life, robust equipment that holds its value well and has an active secondhand market among operators refreshing or downsizing a shop, but the machines are only part of the total cost. Three-phase power, a suitable water supply, and venting for the dryers are real building work that sits outside the equipment finance itself and needs to be budgeted for separately, particularly in a unit that has not housed a launderette before. A launderette trading from a leased shop cannot sensibly take equipment finance running longer than the remaining term of the lease, since the machines are only worth as much to the business as the site they are installed in.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

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Frequently asked questions

Does laundrette equipment finance cover installation as well as the machines?
Not usually. The washers and dryers themselves are what the finance agreement covers, since they are moveable equipment that can be valued and, if needed, repossessed or resold. Three-phase electrical work, plumbing for the water supply, and venting for the dryers are building alterations rather than equipment, so most lenders expect these to be paid for separately, either from your own funds or through a different type of finance such as a business loan.
Can I finance laundrette equipment for a leased shop unit?
Yes, but the term of the finance needs to fit inside the remaining term of your lease, since the machines only have value to your business for as long as you can trade from that site. A lender will generally ask to see your lease length and any break clauses before agreeing a term, and a shorter finance agreement is usually the safer choice on a lease with limited years left, even if it means slightly higher monthly payments.
Is used or reconditioned launderette equipment easy to finance?
Yes, reasonably so, since commercial washers and dryers are built to run for many years and reconditioned machines from a specialist dealer are a well understood asset for lenders in this sector. Expect to be asked for confirmation the machines have been serviced or reconditioned, particularly the bearings, seals, and control systems, since those are the parts most likely to need attention on an older machine, and a dealer warranty makes an application move more smoothly.
Can a first-time launderette operator get equipment finance with no trading history?
It is possible, though expect a larger deposit, a personal guarantee, and closer questions about the site itself, including footfall, local competition, and whether three-phase power and drainage are already in place. Because the machines are long-life and hold resale value, lenders are generally more willing to finance a first launderette than some other new small businesses, provided the site and business plan stand up to scrutiny.
What deposit and term are typical for a full launderette fit-out?
Expect a 10 to 20 percent deposit on hire purchase over 24 to 72 months, or a deposit-free finance lease over a similar term, reflecting how long commercial machines are expected to remain in reliable daily use. A launderette on a shorter lease should match the finance term to the lease rather than defaulting to the longest term on offer, even though a longer term brings the monthly cost down.
Does the age of a launderette shop building affect the finance application?
It can, indirectly, because the lender will want confidence that the site can actually support the equipment being financed, meaning adequate three-phase power, water supply, and drainage or venting for the dryers. An older building or one that has never housed a launderette before may need a survey or a quote for the necessary electrical and plumbing work before finance is approved, so it is worth getting that assessed early rather than after the machines are ordered.

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