Banking & Finance

Natick's Centage Corporation has received $13.5 million in venture capital funding that will allow for continued expansion of its products and marketing.

The rate of spending on research and development in Massachusetts outpaced that of its peer states with vibrant technology sectors as the innovation economy grew by more than $25 billion from 2009 to 2014.

After demand for its services led to almost unreasonable wait times at its two Worcester branches, Digital Federal Credit Union opened a third location in the city in November, where the staff has been busy educating people out of bad financial messes.

UMass Memorial Health Care issued bonds that will save the organization just shy of $25 million dollars in a refinancing move officials say could not have been carried out at a more perfect time.

The South Middlesex Opportunity Council (SMOC) is set to open a new center in Worcester on Wednesday that will provide low-interest microloans to small businesses and underserved entrepreneurs throughout Worcester County.

Massachusetts petitions to begin the foreclosure process spiked by 118 percent in December, finishing a year that saw finalized foreclosures rise by 21 percent.

As a result of technological advances, the financial technology, or “fintech” industry, has emerged, and it has changed the way banks do business, according to local bankers and experts.

GARETH CHARTER is now director of sales for the Worcester region at MassLive, a news service. He...

The Marlborough Economic Development Corporation (MEDC) has launched the Marlborough Area Community Loan Fund aimed at supporting local economic development through lending to small businesses.

The North Central Massachusetts Development Corporation (NCMDC) has recently granted three small business loans totaling $194,000 to help selected businesses expand while retaining 60 jobs in the region, the organization announced Thursday.