Commercial lender Eastern Funding LLC has hired Anthony Regan as its Vice President of Sales and Marketing.

Mr. Regan will be responsible for company-wide sales and marketing across the grocery, dry cleaning, franchise fast food and coin laundry business lines. He will manage all of Eastern Funding's loan officers and report directly to senior management.

Prior to joining Eastern Funding, Regan was Senior Vice President of Sales and Marketing at American Dryer Corporation. He has more than 20 years of experience in the laundry industry and was part of the captive finance program at ADC.

"Anthony is a fantastic addition to our team," says Stephen Gramaglia, Chief Operating Officer of Eastern Funding. "His vast experience in national sales and marketing as well as his specific experience in the laundry industry is invaluable. Anthony will enhance our already strong sales team and create a platform to deliver excellent service to manufacturers, distributors and end-users."