April 20, 2024

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LEADER BANK FINANCES COMMERCIAL LOAN FOR NASHOBA VALLEY SKI AREA

The Lender not too long ago furnished an $8.5 million mortgage to the Massachusetts ski vacation resort

ARLINGTON, Mass., Might 5, 2022 /PRNewswire/ — Leader Financial institution was very pleased to just lately enable Nashoba Valley Ski Location in Westford, Massachusetts find the perfect solution for their lending requirements by funding an $8.5 million bank loan for the vacation resort.

Leader Bank recently financed an $8.5 million loan for Nashoba Valley Ski Area in Westford, Massachusetts.

Leader Financial institution not long ago financed an $8.5 million loan for Nashoba Valley Ski Spot in Westford, Massachusetts.

The loan consists of the refinancing of an present mortgage to get advantage of Leader Bank’s reduced premiums as nicely as a line of credit history to help fund operational fees at the ski vacation resort. Nashoba Valley Ski Location is a family-owned, total-support ski resort that features snowboarding, snowboarding, gear rentals, and lessons in addition to getting dwelling to New England’s major snowtubing facility.

“We were content to enable Nashoba Valley Ski Area obtain the best funding answers for their needs as they go on to prosper as just one of the region’s most legendary ski destinations,” explained Sushil Tuli, Chairman & CEO of Chief Bank. “Chief Financial institution is happy to support the growth of a neighborhood establishment like Nashoba Valley Ski Spot, and we would like them ongoing achievements for several years to occur.”

Chief Lender presents innovative items with fast, regional final decision-building to support our customers come across the perfect answer for their business’s lending desires. With many years of blended expertise, our Professional Lending crew prides alone on creating long-lasting interactions with our purchasers and serving to them achieve their enterprise goals. In 2021, our Commercial Lending team’s attempts led to Leader Lender getting recognized by the U.S. Little Small business Administration as the Massachusetts Lender to Retailer of the Year.

ABOUT Leader Financial institution

Founded in 2002, Leader Bank is a Massachusetts-dependent entrepreneurial economical institution that approaches banking in a different way. The main tenets of Leader Bank include globe class shopper support, exemplary merchandise, and innovation to fulfill the requires of its clientele. At its founding, Leader Lender experienced $6.5 million in property – in the two a long time considering that, the Financial institution has grown into a single of the most thriving money establishments in the Commonwealth with $3.1 billion in belongings. Chief Bank’s best-in-class team associates have been at the forefront of supporting the Bank’s quick advancement and consumer-oriented options above the final two a long time as the Financial institution has ongoing to increase its business and retail products and answers. Chief Bank is a dedicated company citizen and prides itself on partnering with and supporting philanthropic organizations. Extra details on Leader Financial institution can be uncovered at www.LeaderBank.com.

(PRNewsfoto/Leader Bank)

(PRNewsfoto/Leader Financial institution)

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Source Chief Financial institution