Commercial Client Success Stories
Our Commercial Lending team uses decades of combined experience to build long-lasting client relationships by providing custom and competitive loan products that help businesses prosper.
![Wicked Bagel](/sites/default/files/inline-images/Wicked_bagel_big.png)
Wicked Bagel
Wicked Bagel owner Maria Mahoney opened her first location in Lexington in 2017 with the intention of bringing her love of artisan, New York-style bagels to Greater Boston.
After several years providing her clients with fresh baked bagels and an expanded breakfast and lunch menu, Maria worked with Leader Bank’s Commercial Lending team to secure a Small Business Administration (SBA) loan to help with the build out of the second Wicked Bagel location in Woburn in 2021.
As demand kept growing, Wicked Bagel continued their expansion in 2023 with plans for a third location in Watertown and once again worked with Leader Bank’s Commercial Lending team to secure two loans totaling $550,000, including another SBA loan, to help finance construction of the new location.
When the build out of the new Wicked Bagel Watertown location took longer than anticipated, Leader Bank’s Commercial Lending team worked with Maria to increase the existing loan amount on the project to help finance the remaining construction. Work on Wicked Bagel’s Watertown storefront is nearly complete with an official opening expected in May 2024.
"I am so appreciative of the team at Leader Bank and their dedication to helping us find the right solutions to support Wicked Bagel’s expansion. Their flexibility and continued support as our needs evolved throughout the construction of our new location has been invaluable."
![Maria Mahoney, owner of Wicked Bagel](/sites/default/files/2024-07/Wicked%20Bagel%20Small%20Square_200.jpg)
![Croft School](/sites/default/files/inline-images/Croft_school.png)
The Croft School
The Croft School operates small, reasonably priced, high-quality private schools designed as an alternative to both public schools and traditional private schools. The Croft School Founder and Executive Director Scott Given aims for his schools to deliver a balanced and rigorous student experience alongside a unique level of parent service.
Serving approximately 450 students across three locations in Boston and Rhode Island, the team at The Croft School has seen extraordinary demand since opening their first location in 2018 with long admissions waitlists and as such are planning to expand their student body.
Each Croft School location opened in a leased building, with all three needing to be converted from non-school facilities into educational learning spaces which required a significant amount of working capital.
Leader Bank’s Commercial Lending team worked to help The Croft School secure a $2.2 million Small Business Administration (SBA) loan and additional $300,000 term loan to help with the build out, renovations, and improvements of all three locations to ensure they were delivering the best possible experience for their students.
"Leader Bank quickly recognized the power and potential of the niche that The Croft School model is filling. The Bank’s provision of debt capital and strong partnership has enabled our organization to efficiently create the bright and modern school spaces that our students, families, and teachers expect and appreciate."
![Scott Given, Founder and Executive Director of The Croft School](/sites/default/files/2024-07/Croft_square_200.png)
![Throne Depot](/sites/default/files/inline-images/Throne%20Depot%20big_0.png)
The Throne Depot
Since 2005, The Throne Depot co-owners Steve Brodeur and Michael Cormier have provided New England with portable restroom rentals and sanitation solutions for events and construction projects. As a family-owned and operated company, The Throne Depot prioritizes excellent service and high-quality solutions to meet their clients’ needs.
A Leader Bank client since 2013, the team at The Throne Depot has appreciated having a lending partner that shares those values as their business has grown over the last decade.
Leader Bank’s Commercial Lending team has helped The Throne Depot secure Small Business Administration (SBA) loans to finance new equipment purchases, as well as with the acquisition of a new warehouse in Billerica that was financed by an SBA 504 loan.
Most recently, The Throne Depot worked with Leader Bank’s Commercial Lending team to secure a $300,000 line of credit to provide working capital and help fund equipment needs. As their business has continued to grow, the Commercial Lending team helped The Throne Depot increase this line of credit to $600,000.
"Leader Bank has been an incredibly supportive partner for our business for more than a decade. Their team has worked tirelessly to help ensure our business will continue to thrive for years to come."
![Throne Depot co-owners Steve Brodeur and Michael Cormier](/sites/default/files/2024-07/Throne_square_200.png)
We are Here to Help
Leader Bank’s Commercial Lending team offers innovative solutions to help our clients achieve their business’s goals. Whether an entrepreneur is looking for a commercial loan on an investment property or a line of credit to help finance new equipment for their business, our Commercial Lending team is ready to provide world-class service in finding the perfect solution for every client.