October 15th, 2008

Speed Queen finance remains strong and continues to provide competitive products and personalized services to both existing and new vended laundry investors. Speed Queen also virtually stands alone in the industry in being able to provide a response on most applications within 24 hours. Our goal has been, and remains, delivering financing packages and expert analysis to ensure our customers' long-term success.

"While others in our business are having difficulty offering credit to customers, Speed Queen's in-house finance department maintains a distinct advantage," said Speed Queen national sales manager, Bill Bittner. "Nobody understands this business better than our finance professionals and nobody in this industry stands better positioned to assist you with financing your coin laundry investment," he added.

Based on feedback from distributors and vended laundry owners, Speed Queen Finance has revised a few of our standard forms and requirements. Some of the advantages Speed Queen offers are:

• NO Landlord's Consent or Waiver document for total exposure up to $100,000
• One-page credit application for transactions up to $100,000
• NEW Credit Application and Credit Supplement

"The strength of Speed Queen's finance department combined with the customer-friendly initiatives listed above, place us far ahead of the competition," says Todd Rice, director of financial services.

To learn more about Speed Queen's industry-leading finance offerings, visit our finance section.