Eastern Funding, LLC

The Eastern Management Team has secured and overseen loans totaling over half a billion dollars. They have a collective 65 year knowledge base of the commercial finance industry, specifically in the coin operated laundry, food store and dry cleaning sectors.

Most Eastern Loans are secured by tangible assets. This means funding backed by the industrial equipment, not future receivables. And that translates to a “yes” for your company’s loan.

Eastern will also speak with you about the goals your financing is meant to reach. We will then advise the proper finance package, which may be investigating various lease options, such as a sale leaseback that will allow your company cash flow trapped in its assets.

Whether loan or lease, all of Eastern’s services start with listening. Mike Fanger, President of Eastern Funding, says: “I believe in looking beyond standard credit criteria to learning the story behind each customer’s opportunity.” This philosophy is present in every package Eastern provides, because our goal is “to find a way to say ‘Yes’.”

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