Eastern Funding Blog

Jennifer Lujan Celebrates 10 Years at Eastern Funding

Posted by Eastern Funding

September 19, 2016 at 4:16 PM

We're celebrating Jennifer Lujan's 10 year anniversary with Eastern Funding. 


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Topics: The Eastern Way

Eastern Funding Introduces XPRESS-APP, A Fast Finance Program for New Laundry Equipment

Posted by Eastern Funding

September 14, 2016 at 3:17 PM

Eastern Funding has launched a new financing program, XPRESS-APP, designed to provide faster access for loan approvals for replacement laundry equipment.

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Topics: Lending / Financing

Re-Tool, Rehabilitate, Reinvigorate - The New 3 Rs of the Laundry Business

Posted by Brian Grell

September 6, 2016 at 10:02 AM

The New 3 Rs of the Laundry Business

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 greater revenue, profitability and higher valuations can be sparked when they re-tool and rehabilitate their old stores. For those who do, being reinvigorated is just a great side effect.

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Topics: Lending / Financing, Acquisitions, Buying a Laundromat

Eastern Funding’s Robert Fagan Named to Equipment Leasing & Finance Association’s Credit and Collections Committee

Posted by Eastern Funding

August 30, 2016 at 1:14 PM

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.

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Topics: Lending / Financing, Laundry Industry

Yes, The Attendant Can Run The Laundromat...

Posted by Eastern Funding

August 25, 2016 at 9:00 AM

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 when you give attendants a greater hand in day-to-day operations. But wait!  It does not have to be this way. The attendant at your laundromat may be your best advocate in business, allowing you to reduce the workload on you, the owner.

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Topics: Laundry Industry

  buy a laudromat business

About this blog

Welcome to the Eastern Funding blog. Here you will find useful insight, tips and topics covering a number of industries and topics including coin laundry, dry cleaning, grocery, specialty vehicles and franchises. 

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