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"The year is 1960, and you and your brother scored an important contract to store rubber for the United States government. You’re young, ambitious, and hardworking, and all you need is the money to build a warehouse. So, contract in hand, you seek some financing.
And you discover, to your amazement, that no one will give you a chance by giving you a loan. What do you do?
If you’re brothers James and Thomas Mawn, you find a way to build that warehouse. And then you start your own bank, of course. A full-service bank that embraces your own entrepreneurial spirit and is designed to help others achieve their dreams."
- Pamela Schweppe, Condo Media
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Acquiring new customers, exceeding your revenue goals, and creating new opportunities for your business are what most business owners dream about. But companies that grow rapidly, often experience unexpected challenges when it comes to hiring and managing people.
As tax season approaches, it’s an important time to get your finances in order—but it’s also a peak period for cybercriminal activity. Scammers frequently exploit this time of year by sending fraudulent emails or making phone calls that appear to come from legitimate tax-related organizations.
For real estate investors, a 1031 Exchange can be a powerful tax-deferral tool, but in order to benefit, you must meet stringent IRS rules that leave little room for compromise. That’s one of the reasons it is so important to work with an experienced Qualified Intermediary (QI), who understands the complex 1031 Exchange process and IRS requirements.
Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $3.22 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.
Contact us now to learn more about how Northern Bank can help you realize your goals and dreams.