Pellerin Milnor Corporation

Financing

Milnor Capital has financed commercial laundries since 1982. Their expertise, personal service, and simple application form expedite the lending process. Available programs include flexible financing, low interest rates, and fixed payments.

Standard Program

  • Our standard Finance Program provides flexible terms to accommodate most budgets
  • Rates starting at 4.9%
  • Terms available from 12-84 months
  • A simple, one-page application is all that is needed for up to $150,000
  • Four (4) hour turn-around time
  • One advance payment
  • One time $75 documentation fee

BUCK-A-POUND Program

Our BUCK-A-POUND Program is a quick start program developed to give you a break on payments for the first year. Payments are based on the capacity of each machine purchased.

For example:

One 100 lb. washer = $100.00 per month
One 170 lb. dryer = $170.00 per month
Total = $270.00 per month

Wash Cycle Rental Program

Milnor Capital now offers customers a full-service rental program that lets you concentrate on your core business. We can show you how the operational savings are achieved and the tax benefits from renting can offset most of the monthly payment.

The Rental Program is a perfect fit for industrial healthcare and hospitality laundries. Since laundry is a necessity to keep your business running, it should be worry-free. The Rental Program allows you to remove old equipment, replace with more efficient, new equipment, while never paying for maintenance, parts, or service. The Rental Program offers:

  • True rental payments are expensed from your operating budget
  • Very small initial cash outlay - Your first monthly rental payment is all that is needed
  • Fixed payments throughout the term including all service and maintenance
  • Never worry about laundry expenses again!
  • The Wash Cycle Program is only available through participating dealers

Seasonal Program

The Seasonal Program is a perfect fit for resorts, event rentals, hotels, etc. This allows them to make full payments during their busy seasons and defer payments any three consecutive months out of the year to get through their slow periods.

Manage Risk

Can help mitigate the uncertainty of investing in a capital asset your business needs until it achieves a desired return, increases efficiency, saves costs or meets other business objectives.

Conservation of Capital & Credit

Hold onto your cash, or working capital, so it can be used for other areas of your business, such as expansion, improvements, marketing, inventory or R&D. This allows you to focus on your core business opportunities and needs while providing new equipment.

Improves Cash Forecasting

You can accurately forecast the cash requirements for your equipment since it is a fixed amount and number of future payments required. This helps maintain cash flow and greater certainty in budgeting by setting customized payments to match cash flow and even seasonal cash flows. Cash flow is key.

100% Financing

Obtain the convenience of equipment and service bundling. In addition to financing 100% of the equipment, you can include ancillary products, sales tax, shipping, maintenance and installation. Packaging your equipment and ancillary products and services into a single, easy-to-manage solution.

Energy Incentives

Going “green” will save you money. When purchasing new energy-efficient equipment, we can collect the energy incentives and apply them directly to your contract.

Flexible Financial Solutions

We have the flexibility to tailor your payments and term to specific accounting, tax or cash flow needs.

Hedge Against Inflation

Instead of paying the total cost of equipment up front or with a large down payment in today’s dollars, the stream of payments delays your outlay of funds. By locking in fixed payments now, you can avoid the risk of inflation in the future. In other words, we absorb the devaluation of your payments over time due to inflation and other financial risks.

Reduced paperwork and approval time

Most credit decisions can be made within four business hours. Transactions up to $100,000 can require completion of only a simple, one-page application.

Immediate use of equipment

After signing your finance documents, you can contact your Dealer to schedule delivery. It's that easy.

Our personal service, single point of contact and expertise makes the finance process fast and easy!

Industrial/Linen Supply

  • Healthcare
  • Hospitality
  • Linen Supply / Food & Beverage
  • Correctional
  • Mat Processing / Dust Control

On-Premise Laundry

  • Healthcare
  • Hospitality
  • Gear Guardian
  • Health Club
  • Athletic
  • Correctional
  • Party Rental
  • Cruise Ship

Vended Laundry

  • Laundromat
  • Family Laundry Centers
  • Campgrounds

PrintMilnor Capital

10024 Office Center Ave. Suite 150

St. Louis, Mo 63128

Phone: 877.800.0806

Fax: 314.842.7880

Email: alex.bear@milnorcapital.com

All applications are subject to credit review and approval. You will be contacted by Milnor Capital as soon as a credit decision has been made. If you prefer, you can download the application.

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Authorization

By checking the box below, each undersigned individual, who is either a principal of the credit applicant listed below or a personal guarantor of its obligations, provides written instruction Milnor Capital or its designee (and any assignee or potential assignee thereof) authorizing review of his or her personal credit profile from a national credit bureau. Such authorization shall extend to obtaining a credit profile in considering the application of the credit applicant and subsequently for the purpose of update, renewal or extension of such credit and for reviewing or collecting the resulting account. A photostatic or facsimile copy of this authorization shall be as valid as the original.