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Setting Up Your Business for Financial Success in 2022

While the holiday season is the busiest time of the year for most businesses, it is essential to start preparing for the weeks and months that will follow. When your business is on an upward trend, it is easy to claim it is perfect and doesn’t need to make changes, but there is always room to improve! No matter the size or profile of your...

5 Helpful Small Business Banking Tips

Owning and running a small business can be challenging, but highly rewarding. That’s why it’s imperative to be informed when making banking decisions and to choose a bank that will provide you with the best small business support.

How to Decide if a Commercial Mortgage is Right for Your Business

As a business owner or CEO, you may be wondering if a commercial mortgage to buy the space you need to grow your business is the right move for you. If you're considering purchasing property or real estate, applying for a commercial mortgage may be your best solution. Commercial mortgages are considered secured, long-term loans. They can be an...

Using a Commercial Mortgage as a Tool to Grow Your Business

As a business owner, you may consider leasing or acquiring a commercial property to manage your company. While leasing can be a convenient and quick possibility, many business owners favor having their own space. Similar to a personal mortgage loan used to buy residential homes, companies can use a commercial mortgage loan to purchase a...

Mechanics Cooperative Bank Receives $100,000 Grant to Support Local Small Businesses Impacted by COVID-19

Mechanics Cooperative Bank Board of Directors and Executive Leadership Team are pleased to announce they have been awarded a $100,000 grant through the Jobs for New England Recovery Program by the Federal Home Loan Bank of Boston (FHLB) to be used in direct support of local small businesses impacted by COVID-19.  The $100,000 in funds Mechanics...

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