SOURCE: Eastern Funding

Eastern Funding

June 29, 2012 11:53 ET

Eastern Funding Drives New Financing for Tow Trucks

NEW YORK, NY--(Marketwire - Jun 29, 2012) - Eastern Funding LLC, one of the country's leading business finance companies in the coin laundry, convenience store, and dry cleaning industries, has launched a new Specialty Vehicle and Equipment funding division. As a subsidiary of Brookline Bancorp, Eastern Funding's Specialty Vehicle and Equipment division provides lending, leasing, and direct financing programs nationally for specialty vehicles, tow trucks, and equipment. The division's funding experts provide financing solutions for small business, start-ups, franchises with industry specializations that include towing and recovery vehicles, commercial school bus contractors, transportation equipment for daycare, non-profit and assisted living facilities, paving contractors, limousine operators, and more.

Specialty Vehicle & Equipment Funding Group Managing Director, Peter Ferrara, noted, "As part of Brookline Bancorp, our new Specialty Vehicle & Equipment Funding Group brings the kind of financial trust and security that only banks have to offer -- and that is what really separates us from our competition. Our customers make investments in high-end specialty vehicles, which is complemented by our funding group's stable and predictable financial solutions."

Eastern's Specialty Vehicle & Equipment Funding Group's offices are located at 538 Broad Hollow Rd, Suite 221, Melville, NY 11747, 631-753-6611. For more information about Eastern's Specialty Vehicle & Equipment Funding Group, visit

Headquartered in New York City, Eastern Funding has provided more than $700 million in funding since its inception in 1997. The company's consistent growth and success in funding the laundry business is reflected in its top ranking by Monitor. The company makes business financing available to facilitate new and used equipment purchases, acquisitions and refinancing of retail stores, real estate purchases, and specialty vehicles and equipment. With offices headquartered in New York City, Eastern Funding LLC is a subsidiary of Brookline Bancorp (NASDAQ: BRKL). For more information about the company and its services visit

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