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Home Deal Announcements

Eastern Bank Provides $23MM in Financing to Metropolitan Cabinets & Countertops

byPhil Neuffer
September 2, 2021
in Deal Announcements

Eastern Bank added Metropolitan Cabinets & Countertops as a new commercial banking customer. Eastern Bank is providing $23 million in financing to the company, including a revolving line of credit as well as financing for various real estate.

Founded in 1984, Metropolitan Cabinets & Countertops is a family run business that provides custom cabinetry and countertops to residential and commercial customers across New England.

“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,” Stuart Elfland, president and founder of Metropolitan Cabinets & Countertops, said.

“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,” Greg Buscone, executive vice president and senior commercial banking officer of Eastern Bank, said.

Buscone and Cate Adams, senior vice president and commercial relationship manager for Eastern Bank, are part of the commercial banking team advising Metropolitan Cabinets & Countertops.

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