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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...

3 Reasons You Should Invest in Property for Your Business with a Commercial Mortgage

Investing in property can be a smart move for your business’ financial health and can also help boost the financial standing of your business. As a business owner, one of the most important decisions you can make is applying for a commercial mortgage to purchase commercial property for your business.

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