How to Create a Successful Succession Plan for Your Business
By Marc Stern | Executive VP Succession planning is a key part of ensuring a business continues operating when there are significant changes in ownership or management. The information below will help guide you on how... Read More
Eastern Funding’s Brian Grell Elected Chairman of the Coin Laundry Association
Brian Grell, co-founder of Eastern Funding, LLC, has been elected Chairman of the Coin Laundry Association for 2020. Grell previously served as on the CLA board as treasurer. Brian’s career in the laundry industry began... Read More
Literacy Center Launched in Long Island Laundromats
More laundromat operators are adding children’s reading areas to their stores. Ralph Macchio is the latest to do so with 3 stores now installed with Read Play Learn centers. The grand unveiling of the literacy... Read More
Launch of United Bodega of America’s Membership Program
Eastern Funding’s president Micheal Fanger speaks at The United Bodega of America public membership launch United Bodega of America recently launched their United Bodega of America membership program to extend its membership to the public.... Read More
Women’s Business Leadership Event a Success
Eastern Funding hosted its Inaugural Women’s Business Leadership Event on November 13, 2019 Eastern Funding’s Women’s Business Conference 2019: Empowered Leadership took place on Wednesday, November 13, 2019 at the Renaissance New York Midtown Hotel... Read More
Laundromat Improvement Through Focus on Attendants
Improved laundry attendant or employee hiring, training and compensation may help grow your laundry businesses A recent New York Times article on laundromat attendants in New York brought to the forefront the issue of employee... Read More
Upcoming Laundry Improvement Workshops in San Francisco, Dallas and Houston
October Laundry Improvement Workshops to be held in San Francisco, Dallas, and Houston. Eastern Funding will host the next 3 events in its Laundry Improvement Workshops series in California and in Texas. Workshops will be... Read More
How to Improve Your Laundromat
Improving your laundromat not only makes customers happier but it may mean more money to your bottom line. Every improvement you make to your store takes you one step closer to owning your dream laundry.... Read More
NY Grocery entrepreneur diversifies with Car Wash business
From operating successful grocery stores to opening a car wash, he chooses Eastern Funding for financing This Long Island, New York, entrepreneur wanted to expand to diversify his business by adding a car wash venture... Read More
Is the Car Wash Environmentally Friendly?
This New York Times article may help convince more people to use the car wash Going to the car wash may be more sustainable than washing cars the driveway. Advanced water recycling, filtration, control and... Read More