North Central Mass Development Corp Provides Financing to Gallagher Chiropractic & Medical Wellness

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $25,000 loan to Dr. Timothy Gallagher, Founder and CEO of Gallagher Chiropractic located on 54 William Street, in Leominster.

Dr. Gallagher has been a practicing chiropractor for over twenty years and along with his team of 18 employees is in the process of expanding the scope of services provided by the practice. This loan, referred to NCMDC by Avidia Bank, will be used for renovations to the existing office to accommodate Dr. Gallagher’s plan for expanded services. As part of the expansion the practice will offer amniotic allografts (stem cell injections), a cutting-edge procedure to treat arthritis and joint pain. For more information on all of the services provided by Maragal Medical / Gallagher Chiropractic & Medical Wellness visit them online at www.drtimothygallagher.com.

As a micro loan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

 

North Central Mass Development Corp Provides Financing for L & J’s Cormier Catering of Fitchburg

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $20,000 loan to Elizabeth Sodano-Brisebois and Joseph Brisebois, owners of L & J’s Cormier Catering located in Fitchburg.   

Elizabeth and Joseph are expanding their catering business and recently purchased Shirley Catering and their building at 70 King St., Fitchburg. They have successfully run L & J’s Cormier Catering since 2009 and with the acquisition of Shirley Catering they plan to continue growing by providing quality catering service to even more events. NCMDC’s loan was part of a gap financing partnership with TD Bank and helped Elizabeth and Joseph with the renovations, equipment purchase and working capital portion of the deal. Two full time jobs were retained as part of this project. For more information on L & J’s Cormier Catering visit them online at cormiercatering.com.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.