D & M Equipment Company, Inc.

4822 W. Fullerton Ave.
Chicago, IL  60639

Commercial Laundry Distributor
Toll Free:  1-800-451-2676
info@dandmequipment.com

Phone:  (773) 889-5500
Fax:  (773) 889-6380
 
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Dexter Financial Services

Dexter Financial Services, Inc. offers a multitude of financing solutions, including; lease, fixed-rate note, and variable-rate note options. You will find our rates among the lowest and payment plans among the best in the industry. We encourage you to contact our helpful, dedicated staff and determine which financing solution is right for you.

Variable Rate Promissory Note Program

Amount Financed Rate* Current Rate Note Term
in Months

$10,000-49,999

Prime + 3.0%

10.75%

36, 48, 60

$50,000-119,999

Prime + 2.5%

10.25%

36, 48, 60

$120,000-299,999

Prime + 2.0%

9.75%

36, 48, 60, 72, 84

$300,000 Plus

Prime + 1.5%

9.25%

36, 48, 60, 72, 84

Prime Rate is the rate published in The Wall Street Journal. The Prime rate as
of February 1, 2006 is 7.50%. No Prime Rate Floor.

Fixed Rate Promissory Note Program

Amount Financed Rate* Current Rate Note Term
in Months

$10,000-49,999

Prime + 4.0%

11.75%

36, 48, 60

$50,000-119,999

Prime + 3.5%

11.25%

36, 48, 60

$120,000-299,999

Prime + 3.0%

10.75%

36, 48, 60

$120,000-299,999

Prime + 3.2%

10.95%

72

$120,000-299,999

Prime + 3.4%

11.15%

84

$300,000 Plus

Prime + 2.5%

10.25%

36, 48, 60

$300,000 Plus

Prime + 2.7%

10.45%

72

$300,000 Plus

Prime + 2.9%

10.65%

84

Prime Rate is the rate published in The Wall Street Journal. The Prime rate as of June 1, 2005 is 6.00%. Prime rate floor of 5.50% for Fixed-Rate Promissory Note Program.

Program Terms

  • No Application fee (nominal documentation fee).

  • No up-front payments or security deposits.

  • Terms up to 84 months.

  • Up to 100% of list price financing.

  • Non-refundable Commitment & Documentation Fee required.

  • Automatic debit from checking account for monthly payments is required.

  • Available for Established applicants.

  • Minimum finance amount is $10,000.

  • Equipment package must consist of 75% Dexter equipment.

  • Equipment packages containing non-Dexter manufactured washers (including top-loaders), dryers and/or card systems are subject to $20,000 minimum finance amount and higher interest rates.

  • No prepayment penalty for full prepayment of note; however, partial prepayments are not accepted.

  • Interest rate fluctuates with Prime rate each month. The Prime rate used for interest calculations will be that which is published by The Wall Street Journal on the first day of then current month.

  • Applications must include personal financial statement, two years tax returns, three months bank statements, underwriting questionnaire, proforma for deals over $50,000, and any other information DFS may require.

  • Valid only in the United States.

  • Subject to credit approval

Contact our Sales department for more information and to see how you qualify to take advantage of this outstanding finance program.

E-mail us at: sales@dandmequipment.com.

Tel: 773/889-5500
Out of State: 800/451-2676


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