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Eastern Bank Welcomes Landry's Bicycles As A Commercial Customer

Provides Financing For Conversion To A 100% Employee-Owned Company And Ongoing Working Capital Needs
. | March 17, 2022 ....

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Eastern Bank Welcomes Stanley Tree Service, Inc. As A Commercial Customer

Press release content from Business Wire. The AP news staff was not involved in its creation.
Eastern Bank Welcomes Stanley Tree Service, Inc. As A Commercial Customer
July 21, 2021 GMT
BOSTON (BUSINESS WIRE) Jul 21, 2021
Eastern Bank is pleased to announce Stanley Tree Service, Inc. (Stanley Tree) as a new commercial banking customer. Stanley Tree was founded in 1986 as a residential tree trimming and service company. It has grown to serve many commercial accounts and major electric utility customers in Rhode Island and Southern Massachusetts, providing vegetation management services its customers require. Stanley Tree has 240 employees and is led by a team of dedicated, long-term employees. Eastern provided a term loan to support Stanley Tree’s conversion to employee ownership through the implementation of an Employee Stock Ownership Plan (ESOP), making it a fully employee-owned company. Eastern Bank is also providing a revolving line of credit and an equipmen ....

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