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WAITING GAME: Jeffrey Cascione, senior vice president in charge of commercial lending at Navigant Credit Union, is eagerly awaiting the details of the U.S. Small Business Administration opening its flagship loan programs to financial technology companies.
PBN PHOTO/­MICHAEL SALERNO

New SBA loan rules spark debate among politicians, lenders

Impending changes at the U.S. Small Business Administration are stirring up whirlwinds of controversy – in Rhode Island and in Washington, D.C. – as...
OPENING THE DOOR: Frederick Reinhardt, CEO and president of Greenwood Credit Union, says the Warwick credit union started providing services to cannabis-related businesses in part because of safety concerns over operating a large all-cash enterprise. / PBN PHOTO/MICHAEL SALERNO

Lack of banking hinders R.I.’s cannabis sector

The cannabis industry may be expanding in Rhode Island, but these types of businesses still struggle to find financial institutions that will provide financing...

GCU Wealth Advisors forms partnership with Universal Wealth Management

WARWICK – GCU Wealth Advisors, a division of Warwick-based Greenwood Credit Union, announced it has formed a “unique partnership” with Cranston-based Universal Wealth Management,...
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