Eastern Funding announced that industry veteran Kirk Stone has joined the company. Kirk has over twenty years of experience in commercial laundry equipment lease and loan originations and is skilled in cultivating new distributor relationships and maintaining those relationships over many years. He has extensive experience in Coin & Card Operated laundries, OPL, and the Multiple Housing sectors. Stone has worked with commercial laundry distributors throughout the U.S. and Canada, helping to grow their business with creative financing solutions.

According to Tony Regan, Vice President of Sales and Marketing, “Kirk is recognized throughout our industry as a true professional with a proven track record and impeccable reputation. We are excited that he has joined our team. He’ll add insight and experience as we continue to secure Eastern Funding’s position as the leader in commercial lending.”

Stone is based in Des Moines, Iowa and will work on expanding Eastern Funding’s reach across the U.S. and Canada.

Eastern Funding, a subsidiary of Brookline Bank, is a leading commercial lender to vended laundries, dry-cleaners, convenience stores and other businesses. Its offering includes funding to buy a business, startup capital, equipment loans, and commercial real estate financing.