Laundry Financing and Business Loans and How to Find the Right One.

If you're even THINKING about buying a laundromat, start here first: https://laundromatmillionaire.com/sho... This will help you AVOID the mistakes most people make before they even realize it. Finding the right business loan can be overwhelming to say the least. Especially if you are first starting out. There are so many business loans you can choose from for different situations. In this episode, we talk about the most common types of business loans and how to tell which one will benefit you the most. Laundry financing can be tough. We're here to help make finding the right business loan a little easier. This video covers: Types of business loans *Types of small business loans *How to finance a small business *Types of debt Whether you are buying or building, laundromats are a big investment!! Luckily, there are many options out there to help you finance that investment and start you on your entrepreneurial journey into the laundry industry! You just have to find the right business loan! Referenced Links: Our Sponsor: H-M Company Drain Troughs: https://draintroughs.com Our Website: https://www.laundromatmillionaire.com LaundroBoost Marketing Company: https://www.laundroboostmarketing.com Eastern Funding: https://www.easternfunding.com Alliance Financing: https://distribution.alliancelaundry.... Prime Capital Financing: https://www.goprimecap.com/laundry-fi... Image: https://helloskip.com/blog/sba-expres... Image: https://www.fptransitions.com/blog/le... LM Episode with Mike Fingers:    • When To Sell Your Small Business: Tips to ...   LM Episode on SanOWash:    • We Increased Revenue By 30% In 6 Months!!!...   LM Episode on Perfect Pour:    • New Laundromat Revenue Stream to Boost Pro...   Codie Sanchez Podcast:    / @podcastbigdeal   Timestamps 00:00 Episode 89 Intro 00:41 Spotlight – Black Friday Sales Events 02:20 Episode’s Focus 03:27 Good Debt vs Bad Debt and Consumer vs Business Debt 10:21 Assessing the Risk of the Debt 12:16 Lender Type #1: the SBA 19:54 Lender Type #2: Conventional Loans 31:53 Lender Type #3: Industry-Specific Loans 40:42 Our History of Equipment Loans & Renovations 44:24 Lender Type #4: Seller Financing 45:06 The Art of Negotiation 47:15 Buying & Selling Laundromats 52:43 Our History of Seller Financed Deals 58:44 Closing Remarks ************************ Discover more of our video content on types of business loans. You'll find additional insights on this topic along with relevant social media links. YouTube: / @laundromatmillionaire Website: https://laundromatmillionaire.com/ Facebook: facebook.com/laundromatmillionaire ************************ his video explores types of business loans, types of small business loans, how to finance a small business, and types of debt. Have I addressed your curiosity regarding types of business loans? We eagerly await your feedback and insights. Please drop a comment below, sharing your thoughts, queries, or suggestions about: types of small business loans, how to finance a small business, types of debt, and types of business loans.