ORANGE — Worth Avenue Capital has underwritten a $400,000 commercial loan for the start-up of a “home grown” nursery at 30 Prindle Hill Road that may employ 15 workers. The new enterprise is the creation of EJC, LLC, whose principal is Alexander Cuzzocreo, whose family has owned the property for more than 60 years. A division of Ciaburri & Co., the Guilford-based Worth Avenue Capital is headed by Michael M. Ciaburri, who says the loan, funded by one of Worth Avenue’s private investors, signifies the firm’s financial aggressiveness. “We’re specialists in capitalizing small to midsize business,” Ciaburri said. “While raw land can be difficult to finance in today’s real estate market, we have a wide network of sources for a range of financing opportunities.”
