Eastern Funding, LLC has announced the appointment of Falencia Prime as their new Chief Operating Officer. With over three decades of experience in finance and banking, Prime is set to oversee operations, technology, and compliance within the company. Her expertise spans enterprise credit policy, quality assurance programs, and workflow realignment through technological advancements. This move aligns with Eastern Funding's mission to provide innovative financing solutions and exceptional customer experiences.
Falencia Prime Joins Eastern Funding as COO
In a significant development for Eastern Funding, LLC, Falencia Prime has been appointed as the Chief Operating Officer. The organization, known for its specialty financing services across various industries, aims to enhance its operational framework under Prime’s leadership. Prime brings an extensive background from her previous role as Director of Loan Operations at Pitney Bowes’ Global Financial Services Division. Over her 30-year career, she has consistently focused on improving operational processes and implementing cutting-edge technologies.
At Eastern Funding, Prime will be responsible for overseeing critical functions such as operations, technology integration, and compliance. Her responsibilities will include streamlining workflows, ensuring adherence to regulations, and driving innovation within the company. Nancy Robles, President of Eastern Funding, expressed confidence in Prime’s ability to elevate the company’s performance and customer service standards.
Prime herself emphasized her excitement about joining Eastern Funding, stating that the company’s commitment to delivering relationship-driven financing solutions resonates deeply with her professional ethos. She looks forward to collaborating with the leadership team to fortify the company’s foundation and expand its influence across served industries.
About Eastern Funding LLC
Established in 1997, Eastern Funding, LLC specializes in providing tailored financing options to businesses nationwide. Operating as a subsidiary of Brookline Bank, the company has successfully financed over $3 billion in equipment, acquisitions, and real estate transactions. Its portfolio includes sectors like laundry, carwash, grocery, fitness, and wellness markets. Eastern Funding remains dedicated to becoming the preferred lender for business owners across the United States by offering innovative financing, industry-specific knowledge, and superior customer service.
From a journalist's perspective, this appointment signifies Eastern Funding's commitment to staying competitive and innovative in the ever-evolving financial landscape. By bringing in someone with Prime’s caliber, the company not only strengthens its internal operations but also reinforces its dedication to serving customers effectively. It serves as a reminder that successful organizations continually seek opportunities to grow and adapt, ensuring they remain leaders in their respective fields.