Charles D. Sheehy is a new commercial banking customer of Eastern Bank, which is providing financing for a working line of credit, term loan and commercial real estate mortgage to support the company’s ongoing financial and growth needs.
Founded in 1951, Charles D. Sheehy is a fourth-generation, privately-owned supplier of pipes, valves, fittings and mechanical products serving the contracting industry in New England. Headquartered in Avon, MA, the company has more than 50 employees.
“We are thrilled to expand our relationship with Eastern Bank that started over 20 years ago,” Jeffrey Camuso, president of Charles D. Sheehy, said. “Eastern takes time to understand our needs and challenges and is able to fit products to our needs.”
“Charles D. Sheehy prides itself on delivering a high level of service and extensive inventory to its clients, and we are proud to assist with their financing solutions,” Greg Buscone, executive vice president and senior commercial banking officer of Eastern Bank, said.
The commercial banking team advising Charles D. Sheehy included Buscone; James Murphy, senior vice president and commercial team leader at Eastern Bank; and Dan Field, and senior vice president and commercial group director at Eastern Bank.