Dexter Financial Offers “Rate Advantage Plus” Financing Special

Dexter Editorial Submission
CONTACT: Dexter Laundry, Inc.
Kim Ritter (Marketing Manager) 641-472-5131 x 376

FAIRFIELD, Iowa— February 9, 2010
During 2009, Dexter Financial Services became the first company in the laundry industry to offer customers a financing option that allowed them to take advantage of today’s low variable rates, while still providing long term interest rate protection by also providing a unique option that allowed borrowers to convert to a competitive fixed rate contract at any time during the life of their contract. This program was specifically designed to help store owners keep their payments lower and reduce their interest costs in today’s competitive business climate. Dexter Financial is pleased to announce that they have made this unique program even better with even easier to manage payments for the first full year – including no payments during the first three months.

“Rate Advantage Plus is a fantastic program for owners who are looking to add equipment to grow their business” said Leo Frazier, Vice-President of Dexter Financial Services “we’ve structured the program to gradually increase payment amounts over the first 12 months”. Dexter Director of Sales & Marketing, Kevin Hietpas agreed, “By the time full payments begin at month 13, the owner has had a full year to utilize the new equipment to increase their level of business, and to benefit from the improved energy efficiency that new equipment can deliver”.

Like the original Rate Advantage program, if interest rates stay low, customers win by keeping the lowest possible rates, but if the rate environment changes—customers still win with an option to convert their loan to a competitive fixed interest rate at any time. This program offers an excellent way for laundry owners to remodel an existing location or build a new store with Dexter washers and dryers while protecting themselves in an unpredictable economy.

Dexter Financial’s Rate Advantage Plus program is available to qualified applicants whose finance applications are received between 2/1/10 and 6/30/10 with equipment installation and project funding by 7/30/10. For further details on this program or to download an application, please visit www.dexterfinancial.com.

Dexter Financial Services provides equipment financing solutions for the laundry and dry cleaning markets, with an emphasis on Dexter Laundry products. To learn more about this promotion or other Dexter Financial financing offers, please visit www.dexterfinancial.com or call 1-800-926-8230.

Dexter Laundry, Inc. is an employee owned manufacturer based in Fairfield, Iowa, USA. Founded in 1894, the company has grown to offer a full line of front load washers, drying tumblers, Easy Card™ systems, and equipment financing serving the on-premise and commercial laundry industries. All products are American made with union labor at Dexter’s Midwest headquarters where nearly 600 Dexter employees work to engineer, manufacture, sell and support our best in class laundry products around the world. Live operators and customer reps are available for questions and technical support. Learn more at www.dexterlaundry.com or call 1-800-524-2954 to find your local Dexter Authorized Distributor.