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
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
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
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
4 steps toward improving your odds of getting a loan
4 steps toward improving your odds of getting a loan The financing stage of a laundry startup may feel like the most overwhelming step at times. However, nerves don’t have to be a part... Read More
How does equity financing apply to my laundromat?
Are you looking to raise money for your laundry business? If so, then you’ve probably come across the concept of equity financing – or selling shares of your company in exchange for capital. How does... Read More
The Great Recession shaped the US economy, laundry industry
The Great Recession shaped the US economy, laundry industry The first signs of the Great Recession appeared almost a decade ago now, and the march toward recovery has been slow and meticulous. The impact... Read More
Eastern Funding: A partner throughout the business life cycle part 2
There are several stages in the business lifecycle that come once a company is already established. During this time, access to the tools, expert advice and network that Eastern Funding can provide is even... Read More
First timer? What to know about starting your laundromat
First timer? What to know about starting your laundromat Has there ever been a better time to start a business than today? Our economy is improving, consumers are more confident, technology is easier to... Read More
PMSI: What you need to know before your next transaction
PMSI: What you need to know before your next transaction When it comes to equipment financing, collateral liens and the finance industry as a whole, one of the most important documents is the Uniform... Read More