LEADER BANK FUNDS COMMERCIAL LOAN FOR NASHOBA VALLEY SKI AREA


The loan includes the refinancing of an existing loan to take advantage of Leader Bank’s low rates as well as a line of credit to help finance the operational costs of the ski resort. Nashoba Valley Ski Area is a full-service, family-friendly ski resort that offers skiing, snowboarding, equipment rentals, and lessons, plus it’s home to New England’s largest snowtubing facility.

“We were pleased to help Nashoba Valley Ski Resort find the best financing solutions for its needs as it continues to thrive as one of the region’s most iconic ski destinations,” said Sushil Tuli, Chairman and CEO of Leader Bank. “Leader Bank is proud to support the growth of a community institution like the Nashoba Valley Ski Resort, and we wish them continued success for years to come.”

Leader Bank offers innovative products with fast, local decision-making to help our customers find the perfect solution for their business lending needs. With decades of combined experience, our commercial lending team prides itself on building lasting relationships with our clients and helping them achieve their business goals. In 2021, the efforts of our commercial lending team resulted in Leader Bank being recognized by the U.S. Small Business Administration as Massachusetts’ Retail Lender of the Year.

ABOUT LEADER BANK

Founded in 2002, Leader Bank is a Massachusettsan entrepreneurial financial institution based on a different banking approach. Leader Bank’s core principles include world-class customer service, exemplary products and innovation to meet the needs of its customers. When it was created, Leader Bank had $6.5 million of assets – over the next two decades the Bank became one of the Commonwealth’s most successful financial institutions with $3.1 billion in assets. Leader Bank’s top team members have been at the forefront of supporting the Bank’s rapid growth and customer-focused solutions over the past two decades as the Bank has continued to develop its commercial and retail products and solutions. Leader Bank is a committed corporate citizen and proud to partner with and support philanthropic organizations. You can find more information about Leader Bank at www.LeaderBank.com.

Leading bank SOURCE

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