Asset-Based Lending

Eastern Bank offers asset based facilities to a wide range of customers through-out New England.  Eastern Bank Asset Based Lending recognizes the value of its Client’s assets and maximizes their ability to safely leverage those assets through a flexible borrowing program.  Many companies with high seasonal borrowing needs,  thin margins or asset intensive businesses find an asset based lending a preferable solution to typical commercial lending.

At Eastern Bank we offer

  • Creative solutions
  • Seasonal lending programs, with variable seasonal advance rates
  • Inventory and Accounts Receivable expertise, which allows attractive leverage for assets
  • Lower cost interest rates
  • Fixed and floating term loans

How to Apply:

Contact Donald Lewis at 617-897-1157 or [email protected].

Donald Lewis

Donald B. Lewis
Senior Vice President, Head of Asset Based Lending