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Home Deal Announcements

Leader Bank Provides $8.5MM Commercial Loan for Nashoba Valley Ski Area

byIan Koplin
May 6, 2022
in Deal Announcements

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

The loan includes the refinancing of an existing loan and a line of credit to help fund operational costs at the ski resort. Nashoba Valley Ski Area is a family-owned, full-service ski resort that offers skiing, snowboarding, equipment rentals and lessons in addition to being home to New England’s largest snowtubing facility.

“We were happy to help Nashoba Valley Ski Area find the best financing solutions for their needs as they continue to prosper as one of the region’s most iconic ski destinations,” Sushil Tuli, chairman and CEO of Leader Bank, said. “Leader Bank is proud to support the growth of a community institution like Nashoba Valley Ski Area, and we wish them continued success for years to come.”

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