Tag : Needham Bank

Sachem Capital Corp. Announces New Credit Facility
Mortgage News

Sachem Capital Corp. Announces New Credit Facility

PR Newswire
by PR Newswire0
Enhances Available Capital and Liquidity to Support Growth Sachem Capital Corp., a financing company that specializes in originating, underwriting, funding, servicing, and managing a portfolio of first mortgage loans, announced the Company has entered into a $45 million revolving line of credit with Needham Bank. Mr. John Warch, Sachem Capital’s......
Blake Bamford joins Needham Bank as Senior Vice President Structured Finance Relationship Manager
Banking News

Blake Bamford joins Needham Bank as Senior Vice President Structured Finance Relationship Manager

Fintech News Desk
by Fintech News Desk0
Needham Bank announced that Blake Bamford has joined the Commercial & Industrial (C&I) Lending group as Senior Vice President Structured Finance Relationship Manager. Mr. Bamford has over 13 years of experience in financial services, with expertise in C&I lending and customer relationship management. “Latest Fintech News: ABNB Federal Credit Union Launches BioCatch on......
Groma and Needham Bank Partner to Finance Multi-Family Investments in Boston, MA
Investments News

Groma and Needham Bank Partner to Finance Multi-Family Investments in Boston, MA

Fintech News Desk
by Fintech News Desk0
Announces first two purchases on Tremont and Perrin Street using new credit facility GromaCorp, Inc (“Groma”), an innovative real estate and technology startup and real estate sponsor, has partnered with Needham Bank, a leading local financial institution, to scale up their efforts to increase quality housing supply in the inventory-constrained......
Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP
Banking News

Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP

Fintech News Desk
by Fintech News Desk0
Needham Bank is pleased to announce it has committed to invest $2 million in a venture capital fund overseen by the Massachusetts-based firm Reinventure Capital (Reinventure). Latest Fintech News: Paytm Broadens Offline Payments Distribution, Partners with Samsung Stores to Deploy Smart PoS Devices and Offers Paytm Postpaid Led by pioneer impact investor Edward Dugger III, the......
Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP
Banking News

Needham Bank Closes $25 Million Loan to Wind Energy Project

Fintech News Desk
by Fintech News Desk0
Wind Power Project will Produce 20 megawatts Needham Bank, which for more than a century has served as New England’s “Builder’s Bank,”  is pleased to announce it has closed a $25mm loan to an affiliate of SWEB Development USA (SWEB), Natick, MA for the development of a wind energy project in Maine. The loan is based......
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