SBA Assistance SBA provides low-interest business loans of up to $2 million to cover both repair of physical damage and to help a business overcome distaster-related economic injury. Rates will not exceed 4 percent for businesses with no other credit options and repayment terms of up to 30 years are available. If your business property secures and existing mortgage, a
Read MoreThe Red Cross Safe and Well website is being used to track residents who have been displaced by the tornadoes in the Springfield area. It is a free, public communication tool where those affected by disasters can register on the site and post messages that they are safe. Loved ones can then conduct a search on the site to view
Read MoreInfo for BUSINESSES: FEMA and other federal agencies are currently in the middle of conducting an assessment. This assessment and further federal action may lead to resources becoming available in the future, but nothing as of yet. They’ve provided links to various business assistance agencies that can be found at the link below, but until the fed completes the assessment
Read MoreFrank Moskal Insurance Agency of 28 Parker Street, Indian Orchard, MA has merged with The Dowd Agencies of Holyoke, MA. The name of Frank Moskal Insurance Agency will change to Moskal-Dowd Insurance, Inc. and the quality service and insurance expertise that Moskal clients have known for more than 70 years will continue under this new name. Moskal Insurance was founded
Read MoreAccording to a 2008 study conducted by the Association of Certified Fraud, U.S. businesses lose about 7% of their annual revenues to fraud. This equates to a staggering $994 billion loss each year nationwide to employee fraud. Even worse, occupational fraud schemes are extremely costly to a company’s bottom line, with the median loss in the 2008 study coming in
Read MoreInsurance buyers are both better educated about the insurance business and far more sophisticated in their insurance demands than ever before. Today, the buyer of insurance-whether an individual providing for a family’s needs or a risk manager of a corporation –knows that an integrated program of insurance protection consisting of property, casualty and liability, life and health insurance is needed.
Read MoreFear is an important motivator when it comes to buying insurance. We worry about what will happen to assets like cars or homes if they are involved in a disaster, so we buy insurance to help us maintain their financial integrity if something should happen. But in spite of the fact that insurance is designed for this purpose, sometimes it
Read MoreHolyoke/Amherst, MA – The Dowd Agencies, a locally owned independent insurance agency announces two new additions to its growing staff. Diane LaFleche and Jim Lawton recently joined the agency and will be working out of the Cray-Dowd Amherst office. Diane will serve as Cray-Dowd’s Commercial Lines Account Manager/Marketer for the Amherst location. In this role Diane will work with new
Read MoreHave you ever thought about what happens to the sensitive data stored on your company computers if they are lost or stolen? What about unhappy employees or cleaning services using private customer information in unethical ways? Click here to read about John E. Dowd, Jr.’s article for Business West on Electronic Data Liability Coverage: How to keep your business protected.
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