Webinar: Car Wash Business Financing
Eastern Funding is hosting a Car Wash Business webinar on Wednesday, April 21, 2021, at 1 pm Eastern. We will cover topics of interest to existing owners and prospective investors including: The state of the... Read More
Car Wash Business – Free Online Info Resources
The dream of starting or funding a business is highly exciting, but getting started and continuing to expand can be daunting, challenging, and confusing. For that reason, there is a plethora of online and in-person... Read More
The SBA Defers EIDL Payments until 2022
Read more at SBA.gov The United States Small Business Administration announced that it will allow deferred payments from businesses that received loans as part of the COVID-19 EIDL program. The SBA will also be increasing... Read More
Out-of-Order Machines Will Reduce Your Laundromat’s Value
When machines In your laundromat are out of order, they can drag down much more than your revenues. Out of Order Machines – What’s the Real Cost? How much revenue would you lose if you... Read More
Celebrating Mabel Jimenez’s 15-Year Anniversary at Eastern Funding
We’re celebrating Mabel Jimenez’s 15-year anniversary at Eastern Funding. Mabel’s journey with Eastern Funding first started in 2002 as a Credit Analyst, but due to her hard work and dedication, she quickly moved up the... Read More
Multi-store owner and equipment distributor shares his success story
Sterling is a top operator. As a multi-store owner and equipment distributor, he understands the commercial laundry industry and what it takes to be successful.
Don’t Gamble With Old Machines. Retool Your Laundromat.
Are the washers and dryers in your laundromat more than 10 years old? Do you have a long-term lease or own the building? Do you plan on keeping the store? If you answered yes to... Read More
A California laundry owner tells how he successfully broke into the industry.
When Vahe decided to get into the laundry business in California, he needed more than financing. As a new investor, he needed expertise and funding to successfully build out his store. He turned to Eastern... Read More
Eastern Funding Marks Major Milestones in 2017
Leading Equipment Finance Company Surpasses $2 Billion in Projects Funded; Celebrates 20th year in Business In 1997, Michael Fanger and Brian Grell launched Eastern Funding with a... Read More
Marc Stern to be Keynote Speaker at Southern California CLA Meeting
Marc Stern, Chief Lending Officer, will be the keynote speaker at the Southern California Coin Laundry Association (SoCAL CLA) Meeting in Los Angeles on March 29th, 2017. Marc will address current and prospective laundry owners,... Read More