Home page

Eastern Funding Promotes Robles to Chief Operating Officer

NEW YORK — Financial lender Eastern Funding LLC has appointed Nancy Robles its chief operating officer, the company reports.

Robles, who previously served as the company’s executive vice president of operations and compliance officer, will be responsible for all of the company’s day-to-day operational and administrative functions. She will continue to report to President Michael Fanger.

“Nancy has been instrumental in our growth and success since 2005. During that period, our loan portfolio rose from less than $100 million to more than $1 billion,” says Fanger. “Her proactive and visionary leadership has propelled Eastern to become one of the premier finance companies nationally in the industries we serve.

“I am proud to have one of the top women in equipment and commercial financing anywhere as our chief operating officer. I am confident that she will continue to lead us to achieve greater operational excellence.”

Robles joined Eastern Funding in 2005 from Fleet Healthcare Capital Leasing/Bank of America. During her tenure, she has managed the lender’s operations functions, including credit, compliance, documentation, funding, loan servicing, legal and work-out, and human resources.

Robles serves on the board of the Berkeley College Scholarship Foundation, The Coin Laundry Association Diversity and Inclusion Committee, and the Berkeley College MBA and Legal Studies Committees.

“I am thrilled to play such an important role in charting the course to greater success for our company,” Robles says of her promotion. “I will work to ensure that we continue to provide more innovative and best-in-class financing solutions to our customers. In addition, I will be relentless in making sure Eastern Funding remains a great place to work for our employees.”

NEW YORK — Now responsible for lender’s day-to-day operations, administration

Motivating Laundry Employees to Do Their Best (Part 1)

GLENDALE, Ariz. — Give workers some autonomy, seek their opinions

CLA Advocates for Laundromat Workers to Be Vaccinated

OAKBROOK TERRACE, Ill. — More than 120,000 essential employees remain at work during COVID crisis

Crafting an Employee Handbook (Conclusion)

CHICAGO — Worthwhile tool can save stress if handled properly

SLE Ready to Make Spring Blitz 2021

MIAMI — Store owners can schedule in-person visits with reps on specific dates

Crafting an Employee Handbook (Part 1)

CHICAGO — Documenting policies, explaining expectations can help avoid ‘HR drama’

Friday is Deadline to Lock in Lower Clean 2022 Exhibit Rate

ATLANTA — Previous exhibitors have opportunity to save

Caldwell & Gregory Partners with Washco Laundry Equipment

RICHMOND, Va. — Deal allows Washco owner to retire while maintaining legacy of service

Fine-Tuning Laundry Pickup & Delivery (Conclusion)

CHICAGO — Don’t take it on with anything less than total commitment: CLA panelists

Minimum Wage Increases in 24 States in 2021

RIVERWOODS, Ill. — Bumps either phased in or adjusted to keep up with cost of living

Latest Podcast

Dennis Diaz, president of digital marketing and technology firm Spynr, offers some tips for responding appropriately and promptly to online negativity from your laundry customers.

Want more? Visit the archive »

Latest Classifieds

Post your classified »

Latest from the Research Center

Digital Edition

Industry Chatter