May 18, 2024
Investment

A bank’s offering a 100-year CD. Should you consider investing in one?

Savers may want to lock in high interest rates for the long haul before they likely head lower later this year. But is 100 years too long? Concord, New Hampshire-based Walden Mutual Bank is finding out. The financial institution is offering a100-year Local Impact Certificate of Deposit (CD) paying a fixed 4.75% annual interest rate.

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Loans

Lawmakers approve bill to expand MOBUCK$ low-interest loan program

After the program received robust interest at the start of the year, the Missouri Senate unanimously passed an expansion of MOBUCK$, a state-sponsored low-interest loan program serving small business, agriculture and governmental clients. The legislation, House Bill 1803 sponsored by Rep. Terry Thompson, now sits on Gov. Mike Parson’s desk, awaiting his final decision regarding

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Loans

How to get a loan as a small business in Massachusetts, and other tips

BARNSTABLE — The Small Business Administration played matchmaker Wednesday at the high school where local lenders were on hand to talk with small-business owners about how they might tap into capital to start, grow, or expand.    The event drew nine lenders and 15 organizations that could provide resources to help small businesses get loans. About

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Loans

SBA loans offered to small businesses after Baltimore port disruption

The same federal agency that helped small businesses across the country stay afloat during the pandemic has set up shop about two miles from the site of the fallen Francis Scott Key Bridge in Maryland to provide potential economic assistance to businesses in the state and the region. United States Small Business Administration Administrator Isabel

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