Reviews of Eastern Funding LLC (Loan Agency)

Sandro Giambroni

I Have worked with Jennifer Lujan at eastern funding on multiple deals and I have to say her attention to detail and response is great! I have been able to take advantage of great opportunities because of their service. I highly recommend giving them a shot for all your finance needs. You won’t be disappointed!

Afshin Tajian

This company handles your most important information with no care, responsibility, or accountability. They immediately run your credit with no authorization from the client's part, and the next thing you notice is your credit score being negatively affected. They also share your private information with their "partners" without your knowledge, and all of the sudden you begin receiving calls from these strange companies . The rate they offer is also worse than regular banks. This business seems more like a fraud.

philippe erb

Amazing team from top to bottom . Very fast and smooth process. I recommend them without hesitation.

Laurent BRODA

Best lender in the business.... Also huge Charity donner....You need to talk to them if you need financing.

Jeff Gardner

These guys know laundry... if you do noughting else run you deal by them they will give you an honest option on it!!!

Clean action

WOW since meeting Mr. Michael Fanger in 1992 my personal life had evolved to greatness. VP Stephen Gramaglia goes the extra mile for his clients. VP Brian always helping existing businesses in improving .Without Eastern Funding I would never been able to get a small business loan in this Time And Date Thank you guys always

Tony T

If you’re ever looking for a good lender. Eastern funding is the place I’d recommend. I am on my 4th business loan with them and I plan on doing more business. Jennifer Lujan is a sweet lady. She started me off in 2015 and since then I’ve been able to expand multiple businesses. She also cares about my business. Im glad I found them. Hands down. Best lending company around.

Todd Fener

Special thanks to Gee Chai for her lightning fast turnaround time for funding. Glad you finance used laundry equipment.

Marleen Applebaum

Excellent organization to work with. Professional, responsive, understanding and always available when you have questions. Can't say enough nice things about this organization. An excellent partner to have on your side!

erik wieboldt

I have been a loyal customer for many years. The reason is because no matter what I need they go beyond my expectations to make sure I get the best loan in the market. Their customer service is exceptional. Expect the best reliable service from Eastern Funding.

Paolo Colombo

Eastern Funding is a pleasure to deal with. I have done business with a lot of different Banks in my time but this company is by far the smoothest to do business with.

Juan Urena

I would like to thank everyone who made it possible for me to acquire my new dry cleaners! Easter financial was there for me every step of the way, their hard work and support is unmatched. We honestly couldn't have done it without them. It meant so much to us knowing we had a strong team supporting us every step of the way! If you are thinking of doing business with Easter financial, it will be a decision you wont regret!

Eyal Goldman

I am a long time customer of Eastern Funding. We have used Eastern to fund seven laundromats in the last 5 years. Our experience has been absolutely perfect. Friendly staff, beyond efficient process, flexible terms, and total pleasure to deal with. Thank you

Jeffrey Cahn

I have been working with Eastern Funding for more than 20 years. I have secured several loans during that time and each experience was exceptional. Their staff and loan process are second to none. They work with you closely and support you whenever you need it. Simply said, they are the best in the industry.

Michael A

The team of Brian, Ben, and Francisco were outstanding in supporting my acquisition of three existing laundromats. The deal was complicated and required creativity and flexibility that other lenders and equipment financing companies wouldn't or couldn't handle. The Eastern team worked closely with me as we navigated the complexities and found solutions. Without Eastern Funding, I would not have achieved my dreams of becoming a small business owner. I'm absolutely convinced that when it comes to small-medium size business financing, Eastern Funding is best in class.

Next Cleaners Support

Behind Every Successful Entrepreneurial Project is a Great Financial Partner. NextCleaners® is a leading technology based company providing high quality and eco-friendly dry cleaning, home cleaning as well as other complementary services that results in exceptional customer experience for individuals and enterprises. Our company has been on a successful growth path since it began its operation in 2011. In just a few years we have become arguably the largest eco-friendly service provider in the Northeast with a strong presence in New York City. The key to NextCleaners' success is that we own and control all aspects of services we deliver to our customers, including our over 30,000 sqft state-of-the-art production and fulfillment facilities, 24 marquis retail locations, digital platform to track every item end-to-end, our intuitive mobile app, our multi-tiered distribution and logistics and of course our great team. Our team as well as our digital and physical infrastructure have enabled NextCleaners to provide high quality service and exceptional experience to our customers. In just a short period, we have grown our business from zero to an 8-digit revenue generating a great EBITDA and cashflow, over 20,000 individual and many enterprise customers. All of this may not have been possible without having Eastern Funding. We needed smart and flexible capital as well as financing experts that could recognize NextCleaners potential. Michael Fanger, Eastern Funding CEO, and his management team believed in our vision, has been a champion to help NextCleaners secure the capital when we needed it to grow our business through nearly a dozen financing events. The team of professionals at Eastern Funding have been very supportive during each of financing events from the approval process to funding - No unreasonable delays, excuses or gimmicks. They operate like a start-up and know how to execute. Partnership with Eastern Funding gave NextCleaners the flexibility to finance its growth without taking any dilution, common in many start-ups when they undergo equity financing. That's what I mean by "SMART CAPITAL". NextCleaners’ success to-date is a testimony to how important it is to have a Financial Institution Partner like Eastern Funding. I look forward to our continuing relationship with Eastern Funding as we strive to take NextCleaners through its future growth stages. With My Best Regards, Kam Saifi President & CEO NextCleaners

Imran Malik

These guys are great, have used them a few times. Love Angela she's a great help and always answers promptly!!!

Nick Spanos

Best experience hands down! An energetic, fun, creative firm with a no can’t do attitude where you are welcomed like family. Eastern takes the time to get to know you and your business where it’s not all just about numbers. I highly recommend consulting with Eastern Funding before going anywhere else.

young lee

Good job for cha!

Alaa El-Banna

I've dealt with a great number of finance companies in the past but nothing comes close to EF. If you are looking for a lender that will treat you like a friend and not just another applicant, EF is that place. Great product and services and even greater people!

John Pinnock

I have dealt with just 2 banks in the 40 years I have operated my businesses. I was very hesitant to leave the first bank because I was reasonably satisfied with their service and did not have any issues with our relationship. However, as any good businessman would do, I decided to explore other options by giving Eastern Funding a try. I was extremely impressed with their professionalism and attention to detail from the very first loan. Since then, things have gotten better and better with every new loan. I am made to feel that they appreciate my business: and despite the fact that they are helping me achieve my business goals, they never do anything to suggest that they take my business for granted. Michael is a class act. He is extremely accessible and I can always rely on his promise to call me back, if at first you are unable to reach him. Michael is loaded with sound ideas on how to grow my business. He does not cut corners and he is honest to a fault. In my mind, Eastern Funding is a guided by a simple philosophy: be attentive to the needs of your customers and spoil them with first class service - even if it means doing business on weekends.

Steve Erlinger

Eastern Funding is a great source for my clients who are in need of financing to purchase a laundromat or laundry equipment. Ease of operation in applying for loan and quick in decision making! When in need of help they are both responsive and friendly!

Art Jaeger

From a laundromat owner's perspective there has been no better financial partner to have than the professionals at Eastern Funding. Their breadth of understanding of our business has the double benefit of getting the loan you need and avoiding mistakes you might make. No other financial institution provides that together with their long standing support of the CLA and our industry.

Louis Sproviero

Quick efficient financing . On my way to remodeling all 24 stores with the help of eastern funding and masters equipment sales. Best thing I ever did.

JOSEPH ABDALLAH

Brian and his team Ben, Jose and all have been fantastic. I went to them for financing a new store. They made it simple unlike most banks and gave me an answer in a few hours. They handled all the paper to simplify the entire process. They are definitely the place to go for your financing needs. Thanks guys.....

Rhett Bray

Marc Stern and his Eastern Funding Team have been great. They made it simple, easy and accommodating when I was looking for financing for my laundry. When my laundry burned to the ground eight months after they gave me my loans they were there the same day to inform me on how they would help with my loan obligation, help me get back on my feet and took a big worry off my mind on how we can work together to get through the months ahead. Top Drawer Company!

mick wright

unable to return 3 phone calls to change my mailing address, customer service is pathetic,

Brooks Waterburn

In an industry that requires simplicity and ease of doing business Brian Grell and his Eastern Funding team excel! Combined with unparalleled industry knowledge and great rates, Eastern is the only firm I recommend for our Laundromat clients

Maneeja Noory

Eastern funding has been a great help to my businesses. I’ve been doing business with them since 2014. They’ve funded all my loans and always provide great communication and great service. They have an amazing team; someone is always available to answer each and every question. I highly recommend Easten Funding.

Luke Williford

Brian is first class. He brings a wealth of knowledge, energy and love for others to the laundry industry. He is a leader for our industry and we are blessed to have him. I am proud to call him a friend.

Steve Lach

Eastern funding is my secret weapon! All businesses must borrow to grow. All successful businesses do. Jennifer Lujan and Brian Grell and the entire team at Eastern Funding have been instrumental in my fast growth in the laundry industry. I just started my fourth project and will be using Eastern Funding again.

Daryl Johnson

Eastern funding is the “go to” for funding Giant Wash Coin Laundry expansions. Eastern has funded many of our new builds and retools. They are easy to work with and they understand the laundry business which makes them a valuable sounding board for analyzing potential locations!!! I can not recommend Eastern Funding Highly enough!!!

Daniela Mejía Toro

Great Human Team Business loans! Good rates

Elaine Evans

Brian and the team at Eastern Funding was instrumental in helping me grow from one to three stores in a short period of time. Professional and willing to give solid advice for companies big and small. A true business partner.

ENZO BOSSA

Applied with this finance company to buy my first business. A going laundry. :) Almost done with the process. Had such a great experience I decided to write a review. I dealt with Jennifer Lujan. I recommend her and this company. They're fantastic. Very helpful.

Masih Rassoli

Very happy with eastern funding. Very Effecient and convenient. Eastern always provides quality service, professional and very competitive rates. Definitely has my business for all future transactions.

Mike Hurrell

I have been working with Eastern Funding for years. Jennifer Lujan is my loan officer. She has done a great job with all my financing needs.

Panos Voyiatzis

Been doing business for nearly 20 years. They are second to none. Their entire staff is fantastic.

Josh Prager

Thank you Brian for your help converting my Zombiemat!!! It works!!

Kevin Adkins

Eastern Funding, has helped me with my financial needs & goals for over 15yrs.. they have helped me go from 2000sqft stores to 8000sqft stores.. a true trusted partner. Gotta love’em

David yuan

Been a client for over 10 years. Excellent service. Great supporter of local small businesses!

Absolute Laundry

Financing for laundromats can be a complicated endeavor; at least for lenders other than Eastern Funding. The breadth and depth of the combined industry knowledge of the EF team means that you will be hard pressed to find another lender with more experience in the laundry industry. Their business philosophy, knowledge and creative solutions are unique in the lending arena. We've had ample experience with other lenders over the past 23 years, and we far prefer EF and so do our customers. Our experience with the entire EF team is fast, efficient and honest. We consider Eastern Funding an integral partner in business and we recommend them highly.

Tom Lau

Brian told me to retool and renovate my 9000sf store to improve cash flow and protect my territory! I resisted at first and ultimately caved in and went for it! Much to my surprise he was spot on in his calculations! I have since retooled 3 more stores and another this year! EF is a partner you can trust!