North Central Mass Development Corp Provides Financing to Valley Florist and Greenhouse in East Templeton

(Regional) – The North Central Massachusetts Development Corporation (NCMDC) – the economic development arm of the North Central Massachusetts Chamber of Commerce – recently approved a $10,000 loan to Brendan Loughman, owner of Valley Florist and Green House at 1 Valley Drive, East Templeton MA.

Brendan recently purchased Valley Florist & Green House, a flower shop in operation for over 60 years.  Brendan has an advanced certification in floral design with many years of experience as a floral designer.  Valley Florist & Green House offers custom floral designs and delivery using flowers grown on site.  In addition to floral arrangements, Valley Florist’s gift shop offers a wide selection of gift items for every occasion.  This loan for $10,000 was used for startup costs and inventory, and was a referral from Small Business Development Center where Brendan also worked on the financial plan.  For more information on Valley Florist and Green House visit them online at www.thevalleyflorist.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.