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Eastern Funding Surpasses $1B in Commercial Financing, Small Business Lending

March 19, 2014, 07:19 AM
Filed Under: Industry News

Eastern Funding LLC, one of the country's leading commercial finance companies, has achieved a new milestone in financing small business loans. With customers operating in multiple industries across the United States, Eastern Funding's $1 Billion in direct loans represents consistent growth and success with thousands of clients and small businesses operating in the coin laundry, garment care, grocery, fast food, tow & recovery, and specialty vehicle industries. Unlike a broker, Eastern Funding is a bank-owned, finance company that provides loans directly to small businesses.

Brian Grell, Executive Vice President and co-founder of Eastern Funding, commented: "Passing the $1 Billion mark in small business financing is certainly a great achievement for Eastern Funding and a testament to our ability to deliver financing the small business customer needs rapidly and at a very competitive rate. Our team has worked together for decades and developed expertise in a number of industries. The passion we devote to delivering great customer service and on tailoring the right financial solution for each client is what really makes me proud to be part of the Eastern Funding team."

Also noteworthy at Eastern Funding is the recent launch of the company's new paperless billing service. Customers can easily sign up for paperless billing from the home page of Eastern Funding's website and enjoy a streamlined, online bill service that saves paper, reduces clutter and adds convenience to the payment process.

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