Eastern Bank announced Genuine Food Lab, LLC (Genuine Foods) as a new asset-based lending customer. Founded in 2013, Genuine Foods is a Boston-based foodservice management company that specializes in providing quality food for K–12 schools, higher education institutions, senior living communities and specialty venues across 16+ states. The company is committed to making fresh, high-quality school food and meals accessible to all and has delivered more than 16 million meals to public, independent and higher education academic institutions in the past year. Eastern Bank is providing a line of credit and full suite of treasury management services.

“Genuine Foods is a leading, national purpose-driven food service company focused on wellness and the highest quality hospitality,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “We’re proud to support their mission and provide a customized banking solution that reflects our collaborative approach to lending and shared commitment to doing good in the communities we serve.”

“Eastern Bank’s leadership as a force for good stands out and is something we appreciate given our focus on delivering real food with impact to our customers,” said Jeff Mills, Founder and CEO of Genuine Foods. “The team was highly responsive to our needs, took the time to understand our vision, and created a financing and treasury management solution that supports our business goals. We’re proud to work with a bank that shares our commitment to community and purpose-driven business.”

The Commercial Banking team advising Genuine Foods includes: Executive Vice President, Chief Commercial Banking Officer Greg Buscone; Senior Vice President, Head of Asset-Based Lending Donald Lewis; and Senior Vice President, Asset-Based Lending Relationship Manager Justin Mills.