Eastern Bank Provides $7MM ABL Facility for Curate Partners

Eastern Bank added Curate Partners and its subsidiaries as new asset-based lending customers in the bank’s commercial banking division. Eastern Bank provided Curate with a $7 million asset-based loan for working capital purposes.

Founded in 2014, Curate Partners is a recruitment and consulting agency helping organizations with digital transformation.

“Curate Partners is pleased to begin a new banking relationship with Eastern Bank,” Daniel Foley, founder and CEO of Curate Partners, said. “People are the core of our business, and Eastern’s leadership in the community resonates with our commitment to our clients, job candidates and our employees.”

“Curate is looking forward to a long and successful partnership with Eastern,” Ron Fuccillo, CFO and co-founder of Curate Partners, said. “Our transition to their facility and banking platform was seamless, which is a credit to their team.”

“Curate Partners offers new ways to consider the talent recruitment experience through technology innovation and the digital workforce, and we look forward to offering our asset-based lending solutions to support its daily operations and expansion plans,” Greg Buscone, executive vice president and senior commercial banking officer of Eastern Bank, said.

The commercial banking team advising Curate Partners includes Buscone, Don Lewis, senior vice president and head of ABL, and Dan Bolger, senior vice president and ABL relationship manager.