Eastern Funding, a financial lender to laundromats, car washes, tow and recovery companies and other businesses, appointed Paul Vecker, Tony Regan and Ron Ciliberti to its executive leadership team.

Vecker was promoted to chief revenue officer of Eastern Funding. He also serves as president of Macrolease. Vecker has more than 40 years of industry experience, including founding an equipment finance company and later serving as a senior leader at another.

Regan was promoted to executive vice president of sales and marketing. Regan has played an integral role in leading the company’s sales growth since he joined in 2015. He also leads Eastern Funding’s customer service and collection groups.

Ciliberti was promoted to executive vice president and CFO. Ciliberti has led the company’s finance department since 2009 and has streamlined reporting and financial aspects of major projects, including the recent onboarding of Macrolease.

“Eastern Funding’s employees are our greatest resource and the leadership team sets the tone for [the] rest of our organization. These appointments will strengthen our company and set us up to attain even higher goals in the future,” Nancy Robles, COO of Eastern Funding, said.