October 20th, 2008

IPSO finance remains strong and continues to provide competitive products and personalized services to both existing and new vended laundry investors. IPSO 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.

Based on feedback from distributors and vended laundry owners, IPSO finance has revised a few of our standard forms and requirements.

• 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 IPSO'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. "As an IPSO distributor you are well positioned to bring new investors to the industry."

To learn more about IPSO's finance offerings, visit our finance section.