Banking Lending News

Jarrad Herzog Joins Eastern Bank As Senior Vice President, Asset-Based Lending Relationship Manager

Jarrad Herzog Joins Eastern Bank As Senior Vice President, Asset-Based Lending Relationship Manager

Mr. Herzog Brings Experience In A Range of Financing Solutions For Middle-Market Companies

Eastern Bank is pleased to welcome Jarrad Herzog as a Senior Vice President, Asset-Based Lending Relationship Manager. Mr. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including Commercial & Industrial and Asset-Based Lending.

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“Jarrad is experienced in structuring a range of commercial lending options and excels in identifying the preferable solution to meet a company’s needs, and we are excited to welcome him to Eastern Bank,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank.

Most recently, Mr. Herzog served as Senior Vice President, Relationship Manager at Beacon Bank & Trust (formerly Berkshire Bank), where he originated and structured credit facilities and managed complex borrowing needs for clients across Greater Boston. Prior to that, he spent over 10 years at BDC Capital Corporation where he served as a Senior Vice President and specialized in Asset-Based and Commercial & Industrial Lending. Mr. Herzog is an active member in the community, serving as President of the Secured Finance Network’s New England Chapter and previously on the Risk Management Association’s Rising Professionals Committee. He is an active member of the Association for Corporate Growth and Turnaround Management Association, among others. Mr. Herzog earned a Bachelor of Science degree from Endicott College.

“I look forward to contributing to Eastern Bank’s long-standing commitment to supporting businesses throughout the region,” said Jarrad Herzog, Senior Vice President, Asset-Based Lending Relationship Manager of Eastern Bank. “Eastern’s collaborative culture and focus on helping clients achieve their goals strongly align to my approach in providing personalized, relationship banking.”

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.

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