A Bread Affair on Granville Island
"Vancity brings so much more to the table than other financial institutions. It’s not just about the money with them. They’re an incredibly valuable partner in what we’re trying to achieve.” – A Bread Affair President Pat McCarthy
A Bread Affair is a Langley-based certified-organic artisan bakery and the only bakery in the Vancouver area that bakes 100-mile bread. When demand exceeded production capacity at its Langley bakery, president Pat McCarthy turned to Vancity to finance the bakery’s expansion. Vancity obliged with a line of credit and term loans for asset purchases, including a new oven that allowed A Bread Affair to double its capacity.
Vancity also provided a business term loan for the purchase of a retail property on Granville Island. Another Vancity loan, backed in part by the Canada Small Business Financing Program, will be used for the new equipment the company will need, including a beautiful stone flour mill that Pat describes as a work of art.