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Banking & Finance
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Cerahelix's $200K only Q2 Maine venture deal; will seek up to $5M Series A round later
July 17, 2015Biotechnology company Cerahelix Inc. raised $200,000 in venture funding, a new study found, with the financing coming from the Maine Venture Fund along with Portland and Bangor angel investors in the second quarter of 2015. It was the only venture
July 17, 2015CMHC: Parkview owes $13M, and it needs to pay up
July 16, 2015Central Maine Healthcare Corp. in Lewiston claims that Brunswick-based Parkview Adventist Medical Center, which filed for Chapter 11 bankruptcy protection last month, owes it and its Lewiston hospital affiliate more than $13 million.
July 16, 2015
Direct Vet Marketing raises $52.3M in equity
July 16, 2015Direct Vet Marketing Inc., a Portland-based veterinary services company that does business as Vets First Choice, has raised all of a $52.3 million equity funding, according to a Securities and Exchange Commission document.
July 16, 2015Portland developer CPB2, two other Maine companies raise equity
July 14, 2015Three Maine-based companies — a commercial real estate firm, a cloud-based education platform company and an aerospace firm — are in the process of raising funds, according to U.S. Securities and Exchange Commission Form D documents.
July 14, 2015Owner of troubled Maine farm files bankruptcy
July 9, 2015Several months after a hayride accident at a Mechanic Falls farm took the life of a 17-year-old girl, the farm has been indicted for manslaughter and its owner has filed for bankruptcy.
July 9, 2015
Likeable Local gets $500,000 debt financing; to expand Portland office
July 7, 2015Social media software tool company Likeable Local has received $500,000 in debt funding to expand its Portland and New York offices.
July 7, 2015
NBT Bank names MEREDA board member as Maine regional president
July 6, 2015In an effort to strengthen its Maine presence, New York-based NBT Bank has named a banker with local roots as its Maine regional president.
July 6, 2015Lewiston bank plans to spin off trust dept.
June 17, 2015Lewiston-based Androscoggin Bank is seeking permission from state and federal regulators to spin off its trust department into a separate company.
June 17, 2015
Leveraging loans: SBA's 504 program helps small businesses grow, while preserving cash flow
June 1, 2015Field Rider, president of Pine Tree State CDC, a Portland-based nonprofit certified by the U.S.
June 1, 2015
Here are the four branches Camden National plans to close after buying the Bank of Maine
May 15, 2015Camden National Bank is planning to close four branches in central and southern Maine as part of its parent company’s plan to buy The Bank of Maine for $135 million.
May 15, 2015Ex-Maine Aquarium owner sues Portland lawyer
May 11, 2015The former owner of Maine Aquarium in Biddeford is suing a Portland lawyer, claiming that he purposefully damaged the owner’s plan to reopen the aquarium in Saco.
May 11, 2015Wells Fargo eyes Maine for potential expansion
May 8, 2015Wells Fargo & Co. said it is planning to expand its commercial banking operation in New England, and that may include opening an office in Maine.
May 8, 2015
In targeting fraud, banks plan greater use of microchip cards that are costly but more effective
April 20, 2015A large data breach in December 2013 shook banks and retailers out of their sense of complacency that fraud couldn't happen in their business. In mid-December of that year, Target Corp.
April 20, 2015Entrepreneurs find new ways to leverage federal funding
April 20, 2015Federal science funding can be a boon to Maine companies, but some of its requirements can limit entrepreneurial activity.
April 20, 2015
Camden National to buy Bank of Maine
March 30, 2015The parent company of Camden National Bank has reached an agreement to buy the Bank of Maine in a deal that could make it the state's largest Maine-based bank.
March 30, 2015
Navigating fed funding takes startup moxie
March 27, 2015A $2.6 billion jackpot for early stage R&D funding from 11 federal agencies plus their related institutes seems too good to pass up, but applying for the money isn’t for the faint of heart, startup companies discovered at an educational
March 27, 2015
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