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Banking & Finance

Two Retire From Credit Union Board

Two members of the Southbridge Credit Union board of directors have retired.Louis E. Colognesi Jr. served as...

AMSC Reports $7.8M Quarterly Loss

Devens-based American Superconductor Corp. reported a third quarter net loss of $7.8 million on revenue of $41.3...

Pending Home Sales Up 6.3% In December

Lower mortgage rates and falling prices prompted a 6.3 percent increase in the number of sales contracts...

10 Things I Know About…Securing a Business Loan

Gallo is vice president of business banking at Fitchburg-based Workers’ Credit Union, www.wcu.com.10. Legal Entity The business...
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Let’s Make A Deal | Tight lending market reintroduces business brokers to seller financing

 Business brokers from around Central Massachusetts say sellers are being pushed into financing the sale of their...

Marlborough Tech Firm Bankruptcy Filing Reveals Debts

The liquidation of ThinkEngine Networks Inc., a Marlborough-based maker of Internet conferencing, media and VOIP (Voice Over...

As Town Budgets Tighten, Economic Development Faces Pressure | Development offices nearing the end of grants as they know them

Last month, Donald Lowe, director of the community and economic development office in Clinton, suggested to town...

SBA Loans Down 9% In 2008 | Some local banks abandon market, others refocus

Although overall SBA lending in Massachusetts declined 9 percent to $197 billion in 2008 from $215 billion...
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Changing Of The Guard

Recently Jim Garvey, the local president of Flagship Bank, stepped down as part of the bank’s new...

New Owner For Corbin Plaza

When Marlborough officials recently auctioned off Corbin Plaza for back taxes at 110-118 Pleasant St., it was...
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