Eastern Funding LLC, a financial lender to laundromats, owner-occupied commercial real estate, fitness and wellness, commercial vehicles, and other businesses (the Company), announced it will commence immediately with an orderly wind-down of its Specialty Vehicles & Equipment Funding Group to increase the Company’s strategic focus on its core commercial financing solutions.

All other Company groups will remain unchanged as they continue to provide various financing options to help our customers achieve success.

“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. We will aim to make this transition as seamless as possible as we restructure our strategic goals for Eastern Funding,” said Nancy Robles, the Company’s President.

The company will continue to fully service and support the existing portfolio of vehicle loans. For questions concerning existing loans please contact customerservice@easternfunding.com.