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Banking & Finance
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More Mainers turning to payday and other costly loans
June 23, 2014A growing number of Mainers are relying on alternative credit programs that can leave low-income households with more debt.
June 23, 2014Manage and protect your school’s endowment and related spending
June 16, 2014Many private schools, colleges and universities face an increasingly complicated challenge: How to effectively manage endowment spending.
June 16, 2014
Two Maine startups selected as semifinalists in regional cleantech competition
June 10, 2014Two Maine companies are among 38 semifinalists chosen to compete in a regional clean technology business incubator program that will help give the startups an extra leg up.
June 10, 2014Lewiston firm bought out from bank ownership
May 23, 2014FISC Solutions, a Lewiston-based payment processing and business support firm, has been acquired by its senior management team from two regional banks.
May 23, 2014Houlton-based bank one of first to join marketplace
May 23, 2014Katahdin Bankshares Corp., a Houlton-based bank holding company, has joined the QTCQX marketplace among seven other publicly traded banks across the country.
May 23, 2014The First Bancorp CEO retiring in 2015
May 21, 2014Daniel R. Daigneault, president and CEO of The First Bancorp, the holding company for Damariscotta-based community bank The First, N.A., will retire in early 2015.
May 21, 2014Protect your commercial real estate investment
May 19, 2014My father always said, “If it's worthwhile doing, it's worthwhile doing right.” As a teenager, it was one of those absolutely grating sayings that usually accompanied some menial assignment or chore like moving a pile of rocks from one side of the
May 19, 2014Secure a business loan
May 19, 2014When it comes to running a successful business, if you really want to succeed you need to have a plan for managing every aspect of your operations, especially your finances.
May 19, 2014Sale of MMA railway expected next week
May 9, 2014The sale of Montreal, Maine & Atlantic Railway, the bankrupt railway company involved in last year’s deadly train derailment in a small Quebec town, is expected to close next week.
May 9, 2014Bar Harbor firm sees record earnings
May 5, 2014Bar Harbor Bankshares, the parent company of Bar Harbor Bank & Trust, posted a record 17.8% increase in net income to $3.8 million for the first quarter of 2014, compared to last year.
May 5, 2014WEX posts 10% total revenue gain in first quarter
April 30, 2014WEX Inc., an international fleet card and corporate payment services company based in South Portland, posted a 10.1% gain in total revenue for the first quarter, reporting today that it increased to $182.1 million from $165.4 million for the
April 30, 2014Putney files $3M debt offering; more investment expected
April 25, 2014Putney Inc., a Portland-based veterinary product company, has filed a $3 million debt offering with the U.
April 25, 2014
Farm Credit East merger seen as beneficial to Maine farmers, loggers, commercial fishermen
April 21, 2014Daniel Corey planted his first crop of potatoes on a 52-acre farm in Aroostook County in 1986. He was a first-generation farmer, eager to make his living off the land and about to be married.
April 21, 2014
FAME's new CEO Bruce Wagner sees room for more financing programs in improving economy
April 21, 2014Four weeks in as the Finance Authority of Maine's new CEO, Bruce Wagner says conversations are starting about how the state education and business financing agency will adapt to a changing — and improving — economy.
April 21, 2014LePage signs law to improve foreclosure process
April 14, 2014Gov. Paul LePage signed a bill into law last week that will strengthen the role of mediators in Maine’s foreclosure process and expedite procedures to deal with abandoned properties.
April 14, 2014Here’s why high net worth people leave Maine
March 24, 2014Mainers with high net worth or substantial income are finding more and more that they can significantly lower their tax burdens — in life and death — by becoming residents of other states.
March 24, 2014
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