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News: Front Section
Posted: October 1, 2021
Eastern Bank welcomes Metropolitan Cabinets & Countertops as a new commercial customer
Boston, MA According to Eastern Bank, Metropolitan Cabinets & Countertops (Metropolitan) has joined as a new commercial banking customer.
Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers across New England. Metropolitan has grown from a three-person company into a leader in the cabinet and countertop industry with a 150,000 s/f manufacturing facility and four showrooms in Greater Boston.
Eastern Bank is providing $23 million in financing, which includes a revolving line of credit as well as financing for various real estate.
“Metropolitan is very excited to be working with Eastern Bank. The Eastern team has made the transition very easy, and their customer service has been wonderful. We feel that we’re in great hands,” said Stuart Elfland, President and Founder of Metropolitan Cabinets & Countertops.
“Metropolitan has been routinely recognized with industry awards for its outstanding product and customer service, and with charitable awards for its commitment to giving back to the local community, and we are proud to welcome them to Eastern,” said Greg Buscone, Executive Vice President, Senior Commercial Banking Officer of Eastern Bank.
Eastern provides a range of commercial financing offerings to help companies across many industries to improve cash flow, increase efficiencies and build for the future. Commercial lending solutions include working capital/lines of credit, equipment/term loans, real estate loans, acquisition financing, asset-based lending and employee stock ownership plan-related financing.
The Commercial Banking team advising Metropolitan includes Executive Vice President, Senior Commercial Banking Officer Greg Buscone, and Senior Vice President and Commercial Relationship Manager Cate Adams.
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