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Leadership Team

Image of Michael Fanger
Michael Fanger

Michael’s banking career began in 1981 at Shawmut Bank (Boston, MA) where he worked until 1986 and ultimately served as Vice President. Michael worked for Medallion Financial Corp. (New York, NY) from 1987 to 1997 as Executive Vice President and President of Transportation Capital Corp., a subsidiary of Medallion. With extensive commercial financing expertise, Michael founded Eastern Funding in 1997 and serves as its Managing Member and President.

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Nancy Robles

Nancy is responsible for all of the company’s day-to-day operational and administrative functions. In 2005, Nancy joined Eastern Funding from Fleet Healthcare Capital Leasing/Bank of America where she held essential roles in the company’s Legal, Operations, and Documentation departments.

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Brian Grell
Co-founder, Executive Vice President

Brian is Eastern Funding’s Executive Vice President and has been with Eastern since its founding in 1997. Prior to joining Eastern Funding, Brian served as Controller for the largest coin operated laundry equipment distributor and route operator in the United States from 1987 to 1997. Brian, who is also a Certified Public Accountant, offers a unique perspective in that he has been intimately involved in the construction and financing of new laundries and has also owned and operated coin laundries.

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Tony Regan
Executive Vice President of Sales/Marketing

Tony is responsible for Eastern Funding’s sales and marketing functions. In this role, he develops and directs the company’s strategy for business development and growth across all market segments including laundry, dry cleaning and grocery. Tony has held executive sales roles for over 25 years in commercial laundry and other industries. Prior to joining Eastern Funding, he served as the Senior Vice President of Sales and Marketing for the American Dryer Corporation.

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Marc Stern
Chief Lending Officer/Executive VP

As Executive Vice President and Chief Lending Officer, Marc is responsible for all non-operational departments and the company’s Specialty Vehicle division. Marc joined Eastern Funding in 2007. From 1988 to 2005, Marc served as President of Viking Financial Services and Chief Operating Officer of Bermil Industries dba Wascomat. With over 25 years in the commercial laundry industry, Marc has assisted thousands of laundry owners nationwide in financing their laundry equipment. Marc is a licensed attorney in the State of New York.

Image of Paul Vecker
Paul Vecker
Chief Revenue Officer, Eastern Funding LLC

Paul is Chief Revenue Officer of Eastern Funding, LCC, in addition to his role as President of Macrolease. Paul brings 40 years of experience to bear on all of our operations. His industry experience as a founder of an equipment finance company, and later as a senior leader at one of the nation’s dominant equipment finance companies is already paying dividends.

Ron Ciliberti
Executive Vice President and Chief Financial Officer

Ron Ciliberti has been an outstanding financial officer since 2009, and the best in our 25 years since our formation. He delivers comprehensive and accurate financial statements monthly on time. His team supplies a large volume of financial information at different intervals and work well together to support Eastern Funding’s business and Brookline’s Finance Department. Most recently his ability and leadership were essential in the successful merger with Macrolease and the conversion.