SOURCE: Eastern Funding

Eastern Funding

December 10, 2013 11:53 ET

Eastern Funding Kicks Off "Rudolf-Inspired" Christmas Charity

NEW YORK, NY--(Marketwired - Dec 10, 2013) -  Entering its seventh year of consistent support for the United States Post Office's Operation Santa Claus, Eastern Funding LLC will add a new twist in 2013 with a "Rudolf-inspired" theme. Eastern Funding LLC is one of the country's leading business-financing companies with a specialized focus and expertise serving the coin laundry, convenience store, dry cleaning industries, and specialty vehicle markets. Eastern's staff supports the USPS' Operation Santa Claus with a company-wide commitment to prepare, wrap, and anonymously send more than 300 holiday gifts to deserving families across the Tri-State area.

Now in its 100th year, Operation Santa Claus began in 1912 when Postmaster General Frank Hitchcock authorized local postmasters to allow postal employees and the public to respond to children's letters written to Santa Claus. The program has never missed a year, and last year, the post office in New York received more than 500,000 "Dear Santa" letters. Nationwide, the postal service expects over a million letters. The Operation Santa Claus program starts the first week of December and ends just before Christmas. This year, it will be offered by the USPS in 17 major US cities. Eastern Funding's President and company founder Michael Fanger noted, "This year, Operation Santa Claus is not only a great event that brings clients, the company, and our commitment to community together, but it also wraps up a very successful 2013 for Eastern Funding, having reached $1 billion in commercial financing and small business funding since our inception in 1997."

Headquartered in New York City and founded by commercial banking and lending veteran Michael Fanger, Eastern Funding has become a leader in financing for the laundry business by providing more than $1 billion in funding since its inception in 1997. In 2012, Monitor Magazine ranked Eastern Funding as the 36th largest bank-owned leasing and financing company in the United States. The company makes small business lending available to facilitate new and used equipment purchases, acquisitions and refinancing of retail stores and real estate purchases, and provides fixed- and floating-rate loans. Eastern Funding, LLC is a subsidiary of Brookline Bancorp (NASDAQ: BRKL). For more information about the company and its services visit

Contact Information