Kirk Stone joined Eastern Funding. Stone has more than 20 years of experience in commercial laundry equipment lease and loan originations. He has cultivated new distributor relationships and maintained those relationships over many years.

He has experience in coin and card operated laundries, OPL and the multiple housing sectors. He has worked with commercial laundry distributors throughout the U.S. and Canada, helping to grow their business with creative financing solutions.

According to Tony Regan, vice president of sales and marketing, “Kirk is recognized throughout our industry as a true professional with a proven track record and impeccable reputation. We are excited that he has joined our team. He’ll add insight and experience as we continue to secure Eastern Funding’s position as the leader in commercial lending.”

Stone is based in Des Moines, IA and will work on expanding Eastern Funding’s reach across the U.S. and Canada.

Eastern Funding, a subsidiary of Brookline Bank, is a commercial lender to vended laundries, dry-cleaners, convenience stores and other businesses. Its offering includes funding to buy a business, startup capital, equipment loans and commercial real estate financing.