Our Team

Michael Fanger - Eastern Funding President

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. Connect with Michael on Linkedin: Michael Fanger

Brian Grell - Eastern Funding Executive Vice President

Brian Grell

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 industries and has also owned and operated coin laundries. Connect with Brian on Linkedin: Brian Grell

Stephen Gramaglia - Eastern Funding Executive Vice President


Chief Operating Officer

Stephen joined Eastern Funding in 1999 with a vast array of industry experience and has been heavily involved in every aspect of growing the company. Previously, Stephen served in various key positions at Medallion Financial Corp, TLC Funding Corporation, and CPC Services, Inc. Today, Stephen serves as Eastern Funding’s Senior Vice President and continues to play a vital role in Eastern Funding’s commercial financing success.Connect with Stephen on Linkedin: Stephen Gramaglia

Nancy Robles-Guess - Vice President of Operations


Vice President of Operations/Compliance Officer

Nancy currently serves as Eastern Funding's Vice President of Loan Processing. Nancy manages the Credit and Documentation teams while working collaboratively with Eastern Funding's Loan Officers and Credit Committee to facilitate and enhance the loan approval process. In 2005, Nancy came to Eastern Funding from Fleet Healthcare Capital Leasing/Bank of America where she held essential roles in the company’s legal, operations, and documentation department. Connect with Nancy on Linkedin: Nancy Robles-Guess

Marc Stern - Easter Funding Chief Credit Officer, Executive Vice President

Marc Stern

Chief Lending Officer/Executive VP

As Eastern Funding’s Chief Credit Officer, Marc is responsible for the company’s compliance related matters, and all new loan approvals. Marc, who has been a member of the New York State Bar Association since 1981, joined Eastern Funding in 2007. From 1988 to 2005, Marc served as President of Viking Financial Services and Chief Operating Officer of Wascomat. At Viking, Marc pioneered the concept of “Prime Rate Financing” for the laundry industry. Connect with Marc on Linkedin: Marc Stern