
Needham Bank Provides Financing to Groma
Needham Bank has provided a $41.5 million, three-part debt facility to Boston-based GromaCorp Inc., a technology startup and real estate investment firm.
Needham Bank has provided a $41.5 million, three-part debt facility to Boston-based GromaCorp Inc., a technology startup and real estate investment firm.
Needham Bank’s new structured finance team has provided a $25 million loan to a renewable energy company for a wind energy project in Maine.
Needham Bank has established a new structured finance team focused on providing senior capital to emerging and high-growth companies, including those in the renewable energy sector.