Re-tools: the way to a stronger laundry industry.
This post by Brian Grell, Eastern Funding Executive President, originally appears in the March issue of Planet Laundry Magazine. For... Read More
This Laundry Owner Did The Largest Retool In the Country (Video)
Located in Bayshore, NY this laundromat is the largest laundromat re-tool to date in the country. Here’s the owner telling how Eastern Funding helped him get it done with industry expertise and financing. Follow... Read More
ARE YOU TAKING ADVANTAGE OF SECTION 179 TAX DEDUCTIONS FOR YOUR BUSINESS?
It’s the 4th Quarter and the year will be over before you know it. Are you taking advantage of the Section 179 Tax Deduction for purchasing new equipment for your business? Financing your new... Read More
Eastern Funding’s Robert Fagan Named to Equipment Leasing & Finance Association’s Credit and Collections Committee
Robert Fagan, Vice President of Collections at Eastern Funding, has been invited by the Equipment Leasing & Finance Association (ELFA) to join its Credit and Collections Management Planning Committee for 2017. The committee serves as... Read More
Yes, The Attendant Can Run The Laundromat…
Can the laundromat attendant run the store? It’s not a rhetorical question. The seemingly obvious answer is no. Most laundry owners will tell you that attendants cannot run the store and that bad things happen... Read More
Giving Back With LaundryCares In Baltimore
On July 28, employees from Eastern Funding and other members of the laundry industry participated as volunteers in a free laundry day event at Laundry City in Baltimore. Almost 250 people from the local... Read More
Excellence in Laundry 2016 – What you Missed
The laundry industry’s premier players came together in beautiful Ojai, California. Here’s quick recap of the successful event. Brian Wallace, CLA President and CEO, set the stage with his warm welcome to the attendees... Read More
Investing in Laundry as Part of Retirement Planning
I recently met a laundry owner who mentioned that his career in laundry came about from his desire to do something meaningful that generated income in retirement. He had retired from his job at... Read More
Zombie Laundromats. Is Yours One?
zämbē – A person (or thing) who is or appears lifeless, apathetic, or completely unresponsive to their surroundings. Signs Your Store is a Zombie Laundry. Machines are old and are eating away your profitability potential... Read More
The Future Of Convenience Laundry Is Here
Everything is becoming Uberized. If you weren’t aware, the laundry industry is no exception. Driven by mobile technology advances, businesses that aim to deliver even greater convenience to laundry customers are springing up all... Read More
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