Eastern Funding is the industry leader in laundromat financing. Whether you are doing your first laundromat acquisition or purchasing your next laundromat, we can help. Our team of laundry industry financing professionals has many years of experience in helping laundry business owners and new investors with financing.
What do you need to finance a laundromat? Our helpful Laundromat Financing Checklist is a helpful guide. Let’s get started on helping you build your dream laundry business.
Get a free Laundromat Financing Checklist when you tell us about your project.
Download a free checklist of what you will need when applying for new laundromat financing.
Financing the purchase of essential commercial laundry equipment should be seamless whether you are retooling an existing laundromat or outfitting a new store for the first time.
Laundry business owners seeking to purchase or develop commercial real estate for their laundry business, build new laundromats or renovate existing ones as part of their growth strategy may benefit from the U.S. Small Business Administration’s 504 loan program. An SBA 504 Loans can also be used for equipment purchases.
With years of experience in commercial real estate and equipment financing, our team of loan officers can help guide you through the SBA 504 financing process.
You’re passionate about the laundry business. We are passionate about helping you succeed. Let’s work together.
Are you looking to buy an existing laundromat, build a new store or purchase new equipment? Get to your goal faster and more easily with financing from Eastern Funding.
Route operators place vended commercial laundry equipment in multiple locations, typically apartment buildings and universities. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale.
For hotels, healthcare, sports and other facilities, doing their laundry in-house allows them to efficiently manage high use, high turnover laundry. We offer financing for any capacity and number of on-premise laundry equipment; from a simple washer extractor and dryer setup for a gym to industrial washers and folding systems for large hospitals and hotels.
As a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. To do this you require specialized and customized industrial laundry equipment and facilities. Eastern Funding finances industrial equipment including tunnel washers, flat-work finishing equipment and boilers.
