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Banking & Finance
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Maine's startup community is seeing a surge in activity
October 2, 2017Don Gooding is back with financial cross trainingDon Gooding, who resigned 18 months ago as CEO of the Maine Center for Entrepreneurial Development, has launched a new venture.
October 2, 2017Default looms for owner of Bangor Mall
September 20, 2017The primary owner of the Bangor Mall, Simon Property Group of Indianapolis, is at risk of defaulting on an $80 million loan that dates to 2007.
September 20, 2017CashStar purchase highlights interest of out-of-state M&A buyers in Maine companies
September 18, 2017Maine-based companies are luring out-of-state M&A buyers with a hearty appetite that shows no signs of slowing.
September 18, 2017Regulators OK merger of Acadia and EMMC credit unions
September 12, 2017EMMC Federal Credit Union of Brewer and Acadia Federal Credit Union of Fort Kent can proceed with their merger plans after getting the green light from regulators.
September 12, 2017Maine Craft Distilling raises $500K for expansion
September 7, 2017A growing Maine distillery has raised $522,750 in equity to handle increased production and expansion in Portland as well as out of state.
September 7, 2017
Secure a non-bank SBA 7(a) loan
September 4, 2017Every week at CEI 7(a) Financing LLC, known as C7a, a wide variety of small business loan applications arrive on our desks. Most would present challenges to conventional lenders, but as a mission-oriented, non-bank SBA 7(a) lender, that's what we
September 4, 2017
Out-of-state M&A buyers on shopping spree in Maine
September 1, 2017Maine-based companies are luring out-of-state M&A buyers with a hearty appetite that shows no signs of slowing.
September 1, 2017
Redd Bar exceeds new round of investment goal by 30%
August 29, 2017Redd Bar, a Portland-based line of vegan superfood energy bars, closed its second investment round and exceeded its $1.5 million goal by 30%.
August 29, 2017Startup South Portland puts small businesses in local ‘Shark Tank’
August 22, 2017Small businesses in South Portland, Cape Elizabeth, Scarborough and Westbrook will get some time in the spotlight as well as a chance at money and investors in Startup South Portland, a weekly pitch competition that begins Sept. 13.
August 22, 2017Determination and grit in Bangor
August 21, 2017We sent three reporters to Bangor for our annual focus section on the Queen City and they came back with some interesting stories. Bangor is proving again its determination to revitalize the downtown and stay apace with the economy.
August 21, 2017
Bangor Savings creating 'all-in-one' waterfront campus along Penobscot River
August 21, 2017Maine's second-largest bank needs bigger headquarters after seeing 16 straight years of earnings growth. Its plans for a new waterfront campus reflect a strong focus on keeping employees happy by including a gym, basement café, bike storage and a
August 21, 2017
Historic Bangor building, long vacant, gathers steam
August 10, 2017A second tenant has signed onto Bangor's historic Nichols Block building and owner-developer Adam Moskovitz says he has other prospects interested in the site.
August 10, 2017New financing secured for western Maine small businesses
August 7, 2017Community Concepts Inc. has secured financing for a new small business loan program for its Community Concepts Finance Corp.
August 7, 2017
Women to Watch: Elizabeth Hayes, Infinity Federal Credit Union
August 7, 2017Elizabeth Hayes can still remember where she was when her beloved Minnesota Vikings missed a field goal and blew their chances to get to the Super Bowl.
August 7, 2017
Women to Watch 2017
August 7, 2017Mainebiz is proud to present the 2017 Women to Watch. This year we had so many great nominees, we named five honorees instead of the traditional four. They come from a range of industries and each have an interesting story to tell.
August 7, 2017TruChoice FCU all set to open Biddeford branch
July 31, 2017TruChoice Federal Credit Union will host a grand opening celebration at its newest location in Biddeford on Aug. 7.
July 31, 2017
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