ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Eastern Funding, LLC to Wind Down Its Specialty Vehicles & Equipment Funding Group

Posted 07/09/2024

NEW YORK, NY, July 9, 2024 - Eastern Funding LLC, a leading financial lender to laundromats, owner-occupied commercial real estate, fitness and wellness, commercial vehicles, and other businesses (the “Company”), today announced that it will commence immediately with an orderly wind-down of its Specialty Vehicles & Equipment Funding Group to increase the Company’s strategic focus on its core commercial financing solutions.

All other Company groups will remain unchanged as they continue to provide various financing options to help our customers achieve success.

“We deeply value the Specialty Vehicle and Equipment Group’s efforts and commitment to helping our customers achieve their financing needs and are grateful for their service. We will aim to make this transition as seamless as possible as we restructure our strategic goals for Eastern Funding,” said Nancy Robles, the Company’s President.

The company will continue to fully service and support the existing portfolio of vehicle loans. For questions concerning existing loans please contact customerservice@easternfunding.com.

About Eastern Funding, LLC

Eastern Funding is a leading commercial lender to small and medium-sized businesses nationwide. The Company offers commercial financing solutions for acquisitions, equipment purchases, new business development, and commercial real estate. More information about Eastern Funding, LLC can be found at the following website: https://www.easternfunding.com/


Author
Eastern Funding LLC
Organization
Eastern Funding, LLC
Phone Number
(212) 819-2000