4 steps to financing a brand new laundromat (Infographic)
On the road toward a new laundromat? Starting a new company is so much more than finding a few machines and opening your doors, and if you want customers to start pouring in, you’ll need... 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
Successful Business Financing – A Testimonial (Video)
In addition to laundry businesses, Eastern Funding finances convenience stores, grocery stores, restaurants, franchises, car washes, specialty vehicles and much more. Watch as this business owner describes why he chooses Eastern Funding for his... Read More
3 Ways to Get More Out Of Your Business…
Your business has helped you grow financially. But do you know there may be opportunities to get even more out of your grocery business? Here are 3 essential things you should look into: ... Read More
Eastern Funding Introduces XPRESS-APP, A Fast Finance Program for New Laundry Equipment
Eastern Funding has launched a new financing program, XPRESS-APP, designed to provide faster access for loan approvals for replacement laundry equipment. Through the XPRESS-APP program, self-service owners may apply for new equipment loans under... Read More
Re-Tool, Rehabilitate, Reinvigorate – The New 3 Rs of the Laundry Business
The New 3 Rs of the Laundry Business Retool From new investors who have bought rundown laundromats (I call them ZombieMats) to existing owners, the laundry industry is waking to up to the fact that... 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
Think about these factors when considering a commercial loan.
Now that you’ve decided to pursue opening a new venture or rehabbing your existing business, you realize you require additional capital to turn this goal into a reality. Before contacting a lending source you... Read More
GET MORE OUT OF YOUR GROCERY BUSINESS – 3 STEPS TO CONSIDER
Your grocery business has helped you grow financially. But do you know there may be opportunities to get even more out of your grocery business? Here are 3 things you should look into: Upgrading... Read More
3 Questions laundromat owners should ask themselves
As your laundromat equipment gets older, now may be the right time to upgrade to new, state-of-the-art machines. Commercial laundry equipment manufacturers are introducing some of the most powerful and efficient models ever. This... Read More