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0.000776397515527934 0.000776397515527934 0.000776397515527934 0.000776397515527934 -0.00155279503105587 -0.00465838509316774 0.00465838509316774 0.0263975155279503
Stock impact report

Eastern Bank Announces DPV Transportation (DPV) As A Commercial Banking Customer [Yahoo! Finance]

Eastern Bankshares, Inc. (EBC) 
Company Research Source: Yahoo! Finance
transportation company DPV Transportation, Inc. (DPV) as a new commercial banking customer. Headquartered in Everett, MA, DPV is the largest certified minority-owned ground transportation business in New England operating a fleet of over 80 vehicles from Greater Boston to New York and employing hundreds of people. After working with Eastern Bank as a small business banking customer during its start-up, DPV is now transitioning to the bank's commercial banking portfolio. Eastern Bank is providing a $5 million equipment line of credit for growth capital to support the purchase of new vehicles and a $1 million revolving line of credit to support the company's ongoing working capital and general corporate needs. DPV is a past participant in the Foundation for Business Equity's Business Equity Initiative, which Eastern incubated in 2017 to support the growth of businesses owned by people of color. After gaining access to quality capacity building, business networking and high touch strat Show less Read more
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