Eastern Bank Announces LOUD Security Systems As A Commercial Banking Customer
Provides Comprehensive Financing Solutions, Including Revolving Line Of Credit And Treasury Services, To Support Ongoing Financial Needs
Eastern is providing
“LOUD is a well-established, growing operator in the security alarm sector and we’re pleased to add them to our portfolio of customers in the alarm services industry,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “We look forward to providing a comprehensive range of financial solutions tailored to support their ongoing day-to-day operations as well as future growth plans.”
“This financing supports our vision of leveraging growth opportunities – both organically and through acquisitions – and allows us to invest capital in key acquisitions within our market,” said John Loud, President of LOUD Security Systems, Inc. which ranks on the SDM 100 Report. “Eastern Bank demonstrates a clear understanding of our business and the dynamics of the security industry. Their responsiveness and ability to deliver the financial solutions specifically for our needs made them the ideal bank to support our company’s vision and financial goals.”
Eastern Bank provides a range of commercial financing offerings to help companies across many industries improve cash flow, increase efficiencies and build for the future. Commercial lending solutions include working capital/lines of credit, equipment/term loans, real estate loans, acquisition financing, asset-based lending, franchise lending and employee stock ownership plan-related financing.
The Commercial Banking team advising LOUD Security includes: Executive Vice President, Chief Commercial Banking Officer Greg Buscone; Senior Vice President and Commercial Group Director Brendan O’Neill; and Senior Vice President and Team Leader Matthew Hunt.
About Eastern Bank
Founded in 1818, Eastern Bank is Greater Boston’s leading local bank with approximately 110 branch locations serving communities in eastern
View source version on businesswire.com: https://www.businesswire.com/news/home/20250918551555/en/
Media contact:
Andrea Goodman
Eastern Bank
a.goodman@easternbank.com
781-598-7847
Investor contact:
Andrew Hersom
Eastern Bankshares, Inc.
InvestorRelations@easternbank.com
860-707-4432
Source: Eastern Bank