Eastern Bank to host informational seminar on SBA lending

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Eastern Bank, the No. 1 U.S. Small Business Administration (SBA) lender in Massachusetts, will hold a free, informational seminar on SBA lending.

SBA loans are intended to help businesses that may not qualify for conventional loans get the funds they need to start, grow and expand.

SBA loans are for eligible for-profit companies and can be structured for longer terms versus conventional financing. The loans are for many different business expenses, including: real estate, term financing, working capital, business acquisitions and more.

Eastern Bank is offering a free, informational seminar to the public on SBA lending on Tuesday, February 23, 2010 from 8 a.m. to 9 a.m. at the Falmouth Chamber Board Room, 20 Academy Lane, Falmouth, Mass.

For more information and to reserve a seat, please call Eastern Bank’s Jean Jones at 508-548-3001.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the largest independent and mutually owned bank in New England, with almost $7.0 billion in assets and more than 80 branches serving communities from the Merrimack Valley to Cape Cod. Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way. Eastern Bank includes Eastern Wealth Management, Eastern Insurance and Fantini & Gorga, a real estate advisory firm. For more information, visit www.easternbank.com.