EF in the News
Welcome to Eastern Funding's news page. Here you will find articles about Eastern Funding and our customers.
Southern California Coin Laundry Association Conference
February 29, 2012 Get Details
Eastern Funding Announces Staff Changes
January 2012 - PlanetLaundry.com
"The impact of their efforts and dedication to customer satisfaction helped drive the great success enjoyed by the company in 2011," View Full Article
Eastern Funding Supports Operation Santa Claus
November 29,2011 - MSNBC
For the fifth year in a row, Eastern Funding LLC, one of the country's leading business financing companies (with a special focus on the coin laundry, convenience store, and dry cleaning industries), will once again support the United States Post Office's Operation Santa Claus by... View full article...
November 17,2011 - fios1news.com
"C. Michael Viviano, owner of My Laundry Stations, talks about his experience with the center and how his business has benefited from the services offered." Watch Video
Tax break on business equipment to be scaled back
" Two generous tax breaks small-business owners received during the recession are going to shrink dramatically in 2012. That makes year-end tax..." View Full Article
September 15,2011 - Texas Jewish Post
Mazel tov to Charles Gelfand of Fairview who was recently promoted to the rank of Captain in the Civil Air Patrol, the auxiliary of the United States Air Force. View full article...
Congratulations to Jennifer Pace for reaching 5 years with Eastern Funding
August 2011 - News Release
"Eastern's customers nationwide, many of whom are coin laundry owners, have come to love Jennifer's dedication and passionate service to their financing needs for years. Little do they know..." View Full Article
Eastern Funding Scores Big Again on Monitor List - #36 on Monitor Bank 40
Eastern Funding moves higher on Monitor Bank 40 List View List
Eastern Funding Moves Higher on Monitor 100 List
July 28,2011 - americancoinop.com
"Business financing company Eastern Funding LLC has jumped to No. 76 on the Monitor 100 list of the largest equipment finance and leasing companies in the United States." View Full Article
Xergy Inc, Wins GE Ecomagination Award
Georgetown, DE (PRWEB) June 25, 2011
Bamdad Bahar & Richard Williams, Founders of Xergy Inc (a company based in Georgetown, DE) receive GE's Ecomagination Award on 6/24/11 View Full Article
Eastern Funding Takes on the 2011 Corporate Challenge: Habitat for Humanity Paterson, NJ
June 21 - 22, 2011- Habitat for Humanity
"Paterson Habitat for Humanity creates homeownership opportunities for families with limited income. We are committed to building decent, safe affordable housing that is energy efficient, environmentally responsible and economical to maintain." View Full Article
A Lease You Can Live With - By Marc Stern
"As the saying goes in the retail business, it’s all about “location, location, location.” But without a good premise lease, the best location has no real value." View Full Article
Show Me The Money - Brian Grell speaks at Clean Show 2011
"Are we still in a recession? Or is the economic downturn over? For the most part, it depends on who you talk to. However, one thing is certain... View Full Article
Eastern Funding Executive Runs Marathon for The American Cancer Society
"Nancy Robles-Guess, Eastern Funding’s Vice President of Loan Processing, followed in her company’s generous footsteps when she joined 20,000 runners and took to the streets to..." View Full Article
Eastern Funding Promotes Nancy Robles-Guess to VP, Loan Processing
April 27, 2011 - Monitor Daily
"Robles-Guess has been with Eastern since 2005 and will continue to manage the credit and approval process for the company while maintaining..." View Full Article
Veterans' grit gives startups muscle
Ex-military personnel prove well-suited to new firms' risks, rigors
March 2011 – Crain's New York Busines
"Sang Cho didn't initially plan on leaving the military in 2005 after his deployment in Iraq. Indeed, he had dreamed of becoming the first Korean-American general in..." View Full Article
High rent forcing coin laundromats from Manhattan
Tuesday, February 22, 2011 – AM New York
"Coin-operated Laundromats are circling the drain in some of Manhattan’s priciest neighborhoods, where steep leases are..." View Full Article
Eastern Funding Launches Redesigned Website and New Logo
2011 – For Immediate Release
"During the past fifteen years Eastern Funding LLC has built its brand around its signature intertwined orange “EF” in a blue oval. To properly reflect the companies growth..." View Full Article
Forging Successful Relationships Backed by Hard Work, Smart Lending
2010 – Monitor
"For Michael Fanger, founder and president of eastern Funding, llC, the success of his commercial finance company during..." View Full Article
December 2010 – American Coin-Op
"It’s easy to get caught up in the hustle and bustle of the holiday season. It’s also easy to forget that there are plenty of children..." View Full Article
Multi-Store Owner Continues to Grow His Business
October 22, 2010 – Planet Laundry
"After owning and operating a total of nine laundromats, the newest one
being Plaza Coin Laundry located in Westminster..." View Full Article
This laundry doesn’t fold in a recession
October 18, 2010 – NJBIZ
"In the fall of 2008, as a financial crisis was driving banks to the brink, Sang Cho was taking the locks off a commercial..." View Full Article
Even in a recession, laundromats keep expanding, cleaning up for their owners and patrons
October 18, 2010 – NYDailyNews.com
"After getting laid off from his job as a floor broker at the New York Stock Exchange two years ago, Marc Safir was ready..." View Full Article
Going Green… Saving Green. Oregon Laundry Reinvents Itself as Eco-Friendly Option
June 2010 – Planet Laundry
"Living a more energy efficient, sustainable lifestyle is not only good for the environment, but it also makes great business sense..." View Full Article
Giving Something Back
May 2010 – American Coin-Op
"Jose Almonte learned a lot about hard work, long hours and drive from his older brother, Felo, who came to who came to the..." View Full Article
Financing Explained: Fixed or Variable Rate?
Jan 25, 2010 – Planet Laundry
"There is no question that difficulty in securing financing has been a point of frustration for distributors and operators alike..." View Full Article
100 resumes later, Josh gets a job
"It took six months and hundreds of resumes, but Josh Hager has finally landed a job." View Full Article