First in line? What happens when competing liens clash
First in line? What happens when competing liens clash? When two competing liens clash, who is considered the first in line? This is a question that has plagued creditors for years, causing confusion in... Read More
Preparing a business plan to repay your loan
Preparing a business plan to repay your loan When determining what level of finance to offer qualified laundry business owners and investors breaking into the field, Eastern Funding considers a variety of factors. It... Read More
Landlord Waivers vs. Landlord Lender Agreements
Landlord Waivers vs. Landlord Lender Agreements When working with new borrowers who plan to replace equipment, build or purchase a laundromat, Eastern Funding sometimes requires that the landlord of the space sign a Landlord... Read More
New laundromats can manage money better
Laundry owners who are just getting their business off of the ground may want to focus on some specific aspects to ensure that they are managing the growth of the business correctly. Financial growth is... Read More
Some laundromat owners may find business financing difficult
Receiving a financing package that helps accomplish a major project for a laundromat can be quite vital. However, this isn’t always easy for some laundromat owners, and the hurdles can be quite frustrating. These issues... Read More