Enable Accessibility
×
Close
Personal Online Banking
If you need assistance, please contact Personal Client Services at 855.762.7500 or view the FAQs
e‑Treasury Business Banking
Log in
Safeguarding your online banking sessions is our top priority. For information about how you can help protect your online banking sessions, or if you need additional assistance with your e-Treasury log-in, please contact Client Support at [email protected] or 855.274.2800.

Download our e-Treasury Secure Browser

Business Online Banking
If you need assistance, please contact Client Services at [email protected] or 855.274.2800.
e‑Treasury
Log in
Safeguarding your online banking sessions is our top priority. For information about how you can help protect your online banking sessions, or if you need additional assistance with your e-Treasury log-in, please contact TM Service at [email protected] or 212.575.8020.


Download our e-Treasury Secure Browser

Download the Sterling e-Treasury Token Client


Business Online Banking
If you need assistance, please contact Client Services at [email protected] or 855.274.2800

For optimal viewing experience, please use a supported browser such as Chrome or Edge

Download Edge Download Chrome

Sterling National Bank* Provides $22,500,000 in Senior Secured Credit Facilities To Eran Industrial

May 26, 2021

Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $22,500,000 to Eran Financial Services, LLC., dba Eran Industrial. The credit facilities will provide refinancing of existing debt as well as working capital for the company’s anticipated growth.

Founded in 2007 and headquartered in Boca Raton, FL, Eran sells and distributes standard, OEM and custom-designed lighting fixtures and components to both industrial and commercial customers located in the US and Canada. With vertical integration supporting its supply chain and distribution throughout North America, the Company is well positioned to capitalize on their competitive strengths in the lighting industry.

This transaction was originated by John Rossi, a Managing Director located in Sterling’s Boston, MA office.

*now known as Webster Bank as successor by merger.


Senior Secured Credit Facilities
$22,500,000


Provided by:

Man and woman sitting at desk shaking hands.

Deep industry expertise

Dedicated Single-Point-of-Contact

Sterling’s Asset-Based Lending solutions are delivered by your Relationship Manager, a financial expert committed to helping your business thrive. Contact an Asset-Based Lending Specialist to learn more.

Learn More

Bankers

Your search found .
Connect With Us
Learn more about Webster products, services and the communities we serve.
We’d love your feedback