Breaking: Eastern Bank Supercharges Small Business Growth with Innovative Franchise Financing
BOSTON, March 18, 2025 - Eastern Bank is thrilled to announce a significant enhancement to its Franchise Lending team with the strategic additions of two industry-leading professionals. David Farwell, newly appointed Senior Vice President and Head of Specialty Finance, and Randi Baskin Blume, Senior Vice President of Franchise Finance, bring a wealth of experience and deep expertise to the bank's growing franchise lending division.
These accomplished banking professionals are set to drive innovation and strengthen Eastern Bank's position in the competitive commercial lending landscape. With their impressive backgrounds in franchise lending and commercial banking, Farwell and Blume are expected to provide valuable insights and strategic leadership to the team.
The bank's leadership views these appointments as a critical step in expanding their franchise lending capabilities and delivering exceptional financial solutions to clients across various industries.