Skip to content
Best Business Loan Lenders shieldBest Business Loan Lenders
Powered byLevrGet help choosing
DF

Dexter Financial Services

Listed
Equipment lessor for equipment financingHiawatha, IowaBased in Iowa; service area not yet provided
BBLL 001227Listed Oct 2026From public recordsLast checked Oct 31, 2026
Request contactIs this your lender? Claim it

About

Dexter Financial Services provides captive equipment financing, especially for Dexter laundry purchases. Loans and leases have different minimums, payoff rules and ownership options; construction costs and store purchases are outside its stated equipment-only scope.

Equipment lessor. Leases or lends against vehicles, machinery and other equipment.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Equipment financing
laundromats
From the lender's own site and public records.

A second look at Dexter Financial Services

Dexter Financial Services provides captive equipment financing, especially for Dexter laundry purchases. Loans and leases have different minimums, payoff rules and ownership options; construction costs and store purchases are outside its stated equipment-only scope.

Dexter Financial Services identifies itself as the captive financing arm of the Dexter Apache Holdings family of companies. It provides loans and leases rather than acting solely as a broker. The reviewed about page also identifies financing for Leer and Carroll Coolers equipment.

Published by Levr, not by Dexter Financial Services. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Dexter laundry loans and equipment eligibility

Products and minimums
Fixed- and variable-rate loans plus leases. Loan minimum $10,000; lease minimum $3,000. FAQ terms range from two to seven years.
Dexter program eligibility
To qualify as a Dexter transaction, equipment must be new and at least 75% of the package must be manufactured by Dexter Laundry.
Startups and use restrictions
Startup laundries may qualify, usually with a down payment. Construction costs and store purchases are excluded.
Guarantees and security
Guarantees required on all transactions; additional guarantees may be requested. The FAQ says the UCC filing covers equipment only.
Fees and loan payoff
No application fee; accepted offers require a nonrefundable documentation fee. Full prepayment has no penalty. Extra principal payments are permitted on loans, not leases.

Provider sources: General financing and contract FAQ · Dexter laundry program

Dexter laundry lease program

Terms and cash at signing
24, 36, 48, 60, 72 or 84 months. Terms beyond five years require at least $75,000 financed. First and last payments are collected in advance; monthly payments use automatic bank draft.
Purchase options
$1, 10% of original lease amount, or fair market value. Choose before documentation; the final purchase obligation differs by option.
Early lease payoff
Full prepayment is allowed using the agreement’s discount of remaining obligations; partial prepayments are not accepted.
Larger transactions
Published requirements add landlord consent, building-lease or insurance documents at specified thresholds; confirm the applicable package before signing.

Provider sources: Lease structure and purchase options

Captive finance relationship

Affiliation
The company is the financing arm of Dexter Apache Holdings and also finances specified refrigeration-related brands.

Provider sources: About Dexter Financial Services

When it may fit

Our assessment of the published programs

  • Useful for an equipment-focused Dexter laundry purchase, including a startup with an adequate down payment.
  • Comparing a loan and lease from the same provider can expose meaningful differences in ownership and extra-payment flexibility.

What to weigh carefully

  • The Dexter program’s new-equipment and 75% brand requirements should not be confused with unrestricted multi-brand financing.
  • A laundromat development may need separate financing for construction or store acquisition.
  • A low monthly lease payment may leave a substantial purchase option.
  • No full-prepayment penalty does not make partial principal payments available on leases.

Questions before you accept an offer

  1. Does my exact equipment mix qualify for this program?
  2. What down payment, documentation fee and advance payments are due?
  3. Which purchase option is included and what does ownership cost at term end?
  4. How is the early lease payoff discounted?
  5. Which guarantee, landlord and insurance documents are required?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Eastern Funding

Compare Eastern Funding for non-captive laundry financing and broader store projects.

Balboa Capital

Compare Balboa/Ameris for laundromat equipment without the same manufacturer package.

Crest Capital

Established operators can compare Crest’s equipment financing and ownership structures.

Published specialist programs

Laundromat equipment financing companies

Dexter Financial is a captive laundry finance company offering loans and leases.

Who it serves
Startup laundries are eligible; most require a down payment. Guarantees are required. Construction costs and store purchases are excluded.
Published terms
FAQ publishes $10,000 loan minimum, $3,000 lease minimum and terms of two to seven years.
Service area
United States and Canada

Equipment covered: Dexter laundry equipment and ancillary laundry items; verify exact mix.

Our questions before you choose

Ask whether any quoted promotion is still available, how it differs from standard terms, and what you would owe if you pay off early.

Checked October 31, 2026. Captive finance company and geographic coverage · Program terms and exclusions · Equipment scope and program structure

Other providers to compare

These providers publish information for at least one of the same financing needs. They are comparison options, not a ranked recommendation or evidence that you qualify.

Balboa Capital

Compare laundromat equipment financing companies →

Eastern Funding

Compare laundromat equipment financing companies →

The lender

Type
Equipment lessor
Legal name
Not yet provided Add it
Founded
Not yet provided Add it
Charter
Not yet provided Add it
Headquarters
Hiawatha, Iowa
Service area
Based in Iowa; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
dexterfinancial.com
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

More lenders in Iowa

All of Iowa
AS
American State BankListed
American State Bank offers business operating lines and SBA financing, with separate agricultural credit for farm investment and growth.
BanksBusiness lines of creditWorking capital loansUnclaimed
Sioux Center, IA
BI
Bank IowaListed
Bank Iowa offers business term, construction, property and agricultural loans, with working-capital borrowing for seasonal and operating needs.
BanksCommercial real estate loansEquipment financingUnclaimed
West Des Moines, IA
BM
Bank MidwestListed
Bank Midwest offers business term loans, revolving credit, equipment finance and commercial property lending. Local lenders work with businesses in its Iowa, Minnesota and South Dakota market.
BanksTerm loansBusiness lines of creditUnclaimed
Spirit Lake, IA
BT
Bankers Trust CompanyListed
Bankers Trust combines small-business equipment and working-capital lending with SBA financing and a separate ESOP specialty. The useful distinction is transaction type: a local operating-business loan and an employee-ownership acquisition require different teams and underwriting.
BanksSBA 7(a) loansWorking capital loansUnclaimed
Des Moines, IA
Powered byLevrStanding rises on evidence, never on payment.