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:
To speak with a lender or to apply, contact one of the following Commercial bankers:
- Gregory Buscone at (617) 897-1097 or [email protected]
- Donald Lewis at (617) 897-1157 or [email protected]