Blog

June 5, 2020
The saying goes that the cream rises to the top. This is evident in the laundromat business during the pandemic. The laundromats that put best practices of operations, customer service and marketing...
March 30, 2020
CISA adds workers in laundry services, laundromats and dry cleaners to the Essential Infrastructure Workforce List The federal government has listed laundromat workers as part of the critical infrastructure workforce during the...
March 24, 2020
As stay-at-home orders and restrictions on the types of business that may operate increase, some states are designating laundromats as essential services. The Coin Laundry Association in this article states its position...
February 18, 2020
By Marc Stern | Executive VP Succession planning is a key part of ensuring a business continues operating when there are significant changes in ownership or management. The information below will help guide...
December 11, 2019
More laundromat operators are adding children’s reading areas to their stores. Ralph Macchio is the latest to do so with 3 stores now installed with Read Play Learn centers. The grand unveiling...
October 14, 2019
Eastern Funding hosted its Inaugural Women’s Business Leadership Event on November 13, 2019 Eastern Funding’s Women’s Business Conference 2019: Empowered Leadership took place on Wednesday, November 13, 2019 at the Renaissance New...
September 6, 2019
Improved laundry attendant or employee hiring, training and compensation may help grow your laundry businesses A recent New York Times article on laundromat attendants in New York brought to the forefront the...
July 22, 2019
Improving your laundromat not only makes customers happier but it may mean more money to your bottom line. Every improvement you make to your store takes you one step closer to owning...
June 28, 2019
This New York Times article may help convince more people to use the car wash Going to the car wash may be more sustainable than washing cars the driveway. Advanced water recycling,...
June 27, 2019
At this year’s Clean Show hosted in New Orleans the President of Eastern Funding, Michael Fanger was recognized by the Coin Laundry Association. Michael was awarded for his efforts in promoting sustainability...
June 17, 2019
He chose financing from Eastern Funding to power his project. Steve Smith is not easily intimidated – no matter the size of the challenge. From the age of 22 when he started...
June 17, 2019
The Wash, Read, Play ‘n Learn initiative is a way for laundromats to give back to the communities they serve by providing a designated place for children to read and learn. Neighborhood...