advertisement
Browse by
Banking & Finance

Default looms for owner of Bangor Mall

The 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.

CashStar purchase highlights interest of out-of-state M&A buyers in Maine companies

Mainebiz Staff |

Maine-based companies are luring out-of-state M&A buyers with a hearty appetite that shows no signs of slowing.

Regulators OK merger of Acadia and EMMC credit unions

STAFF |

EMMC 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.

Maine Craft Distilling raises $500K for expansion

A growing Maine distillery has raised $522,750 in equity to handle increased production and expansion in Portland as well as out of state.

Secure a non-bank SBA 7(a) loan

Rob Wilson |

Every 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...

Out-of-state M&A buyers on shopping spree in Maine

Renee Cordes |

Maine-based companies are luring out-of-state M&A buyers with a hearty appetite that shows no signs of slowing.

Redd Bar exceeds new round of investment goal by 30%

MAUREEN MILLIKEN |

Redd Bar, a Portland-based line of vegan superfood energy bars, closed its second investment round and exceeded its $1.5 million goal by 30%.

Startup South Portland puts small businesses in local ‘Shark Tank’

Small 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...

Bangor Savings creating 'all-in-one' waterfront campus along Penobscot River

Renee Cordes |

Maine'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...

Determination and grit in Bangor

Peter Van Allen |

We 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...

ADVERTISEMENTS