We're celebrating Jennifer Lujan's 10 year anniversary with Eastern Funding.
September 19, 2016 at 4:16 PM
Topics: The Eastern Way
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.
Topics: Lending / Financing
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.
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.
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.
Topics: Laundry Industry