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History: Area’s oldest businesses

History: Area’s oldest businesses

Businesses, like natural persons, are mortal. They’re born, struggle through youth, flourish for a while, and then pass quietly away. Few attain the biblical lifespan of three score and ten – in fact, most expire within a decade or two. Colorado City was founded in 1859, Colorado Springs in 1871, Manitou Springs in 1872. By… Continue Reading History: Area’s oldest businesses

Workers comp rate increase en route

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Colorado employers will see a small increase in workers’ compensation insurance premiums next year. The increase–within the loss-cost component of the insurance–will be half of what it was last year. The Colorado Division of Insurance announced that the “loss costs” component of workers’ compensation premiums will go up 2.6 percent next year. The increase this… Continue Reading Workers comp rate increase en route

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Federal funds available for Main Street Loans

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Colorado Lending Source, a nonprofit small business financing organization, has expanded its Colorado Main Street Loans program to serve the entire state. The Denver-based organization started the Colorado Main Street Loan program earlier this year in Northeastern Colorado. But thanks to a partnership with the U.S. Department of Agriculture and the U.S. Small Business Administration,… Continue Reading Federal funds available for Main Street Loans

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The Small Business Administration says its new SBAExpress loan program will make loan applications easier to complete and faster to implement. The pilot loan program will also significantly expand the number of lenders participating in the program and increase access to capital for small businesses. In particular, the SBA has implemented program modifications to allow… Continue Reading SBA loan program puts loan apps on fast track

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It’s been only two and one-half weeks since America became the target of terrorism. Aside from lost lives and economic damage that continues to mount, consumer confidence took a big punch in the gut. People are afraid to fly despite the increasingly lower airfares and some investors are pulling – what is left of their… Continue Reading Sept. 11th hits U.S. and Co Springs economies but experts predict turn-around

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