Eastern Funding, LLC

What makes Eastern better than your current source?

We are a direct lender. We are not a broker.
We make Loans and Leases.
We have the broadest possible “product” line: new & used equipment purchases, acquisition or refinance of retail stores, real estate purchases, single store or chains, fixed and floating rate loans.

Transaction sizes from $5,000 to $1,000,000.

Coin Laundry: coin stores – new or old, on premise, industrial, wholesale.
Dry Cleaning: plants, drop stores, wholesale.
Grocery Stores: new stores, acquisitions, working capital.
Other Entities: point of sale, car wash, technology, automotive, food service, office equipment, bakery.

Why should you consider Eastern as a potential vendor partner? Because we are that—a partner, with over 40 years of continuous financing experience.

Whether you are an equipment manufacturer, distributor or dealer selling commercial equipment or a business owner purchasing equipment we help facilitate "the transaction" with the customer by providing the capital necessary for today's larger equipment acquisitions.

Our success is due to a strong commitment to our diverse customers by providing superior customer service, flexible credit decisions and the most competitive rates in the industry.

Your Supply Meets Our Clients’ Needs:
Working closely with a specific market coupled with our philosophy of training our staff to be aware of all our clients’ needs in that market means everyone at Eastern is constantly aware of the right fit. This results in less missed opportunities for both vendor and client.

Customize The Customers’ Budget:
A goal without a budget isn't a goal, it’s a dissatisfied client and a narrowing of your profit margin. Eastern starts with the client’s budget and from that finds a finance solution that works with it. This translates to affordable monthly payments for them and less need to discount for you.

Value The Client? Add To The Value:
We realize that an owner of a growing business is always growing one step ahead of the business. That ensures future growth. We ensure that future growth through a series of added value services. One example is a lease line of credit for additional purchases, allowing you possible repeat business.

For every category of client, be it laundromat, dry cleaning, delis & groceries, we do all the work.

The bottom line is that we help vendors close sales. Customers are more likely to make a purchase when it can be paid on a fixed monthly payment rather than having to incur a major capital outlay. Additional equipment can also be acquired for an incremental increase in the monthly payment. Because lease payments take less of an annual budget than a major cash outlay, funds remain in a customer's budget to acquire more equipment, more often.

We Know More Than Your Name. A name in a database isn't enough to answer the questions a client has about your inventory. Our staff takes the time to speak with you, not only about your current products but the products you will have, so we can introduce your future to our clients’ future.

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