Eastern Funding to Wind Down its Specialty Vehicles and Equipment Funding Group

Eastern Funding, a financial lender to laundromats, owner-occupied commercial real estate, fitness and wellness, commercial vehicles and other businesses, will commence immediately with an orderly wind down of its specialty vehicles and equipment funding group to increase the company’s strategic focus on its core commercial financing solutions. All other company groups will remain unchanged.

“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,” Nancy Robles, president of Eastern Funding, said. “We will aim to make this transition as seamless as possible as we restructure our strategic goals for Eastern Funding.”

The company will continue to fully service and support the existing portfolio of vehicle loans.

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