Acquisition or new business: Which one is right for you?
Acquisition or new business: Which one is right for you? Buying an existing laundry business or building your own from the ground up – one in the same, right? Not quite. While there are... Read More
4 steps to refinance a laundromat (Infographic)
4 steps to refinance a laundromat Your laundry business doesn’t have to be set in stone. You have ways to leverage your existing business by using some of the equity you’ve built up to... Read More
The Eastern Way – Fundamental #7 Speak Straight
The Eastern Way – Fundamental #7 Speak Straight This fundamental was written by Ron Ciliberti. Ron Ciliberti is the VP of Finance at Eastern Funding, LLC. He has been with the Eastern for over... Read More
An in-depth look into how your location affects your business’ value
An in-depth look into how your location affects your business’ value How does your market factor in to your business’ value? In our previous article, we mentioned how the market can affect your coin laundry... Read More
The Eastern Way: Fundamental # 6 – Listen Generously
The Eastern Way: Fundamental # 6 – Listen Generously This fundamental was written by Jennifer Lujan. Jennifer has worked with Eastern Funding for over 8 years. Jennifer currently serves as one of Eastern Funding’s... Read More
How to become a more resilient business owner
How to become a more resilient business owner Resilience is an important trait to have, but it is unfortunately one that can seem just out of reach for an entrepreneur or business owner. At... Read More
The 5 most important elements that impact a laundry’s value
The 5 most important elements that impact a laundry’s value The question of “value” can be a tricky one. It’s buying season, and plenty of business owners, entrepreneurs and investors are in the market... Read More
How to prepare your laundromat for a loan
How to prepare your laundromat for a loan It is always smart to be prepared. Whether you are studying for a test or growing your laundromat, the more knowledge you have, the better off... Read More
The Eastern Way: Fundamental # 5 – Be a detective
The Eastern Way: Fundamental # 5 – Be a detective Tania Gonzalez is vice president – Operations at Specialty Vehicle & Equipment Funding Group. She has been with Eastern Funding for 4 and half... Read More
How to finance your next laundry business acquisition
How to finance your next laundry business acquisition Have you already built your laundry business from the ground up? Are you now ready to buy another business and continue to grow your company? If... Read More