maine banks

Maine Banks ARE lending, at least the ones I’m working with…

I spoke to a client today and learned something a bit unsettling about a conversation that took place with an out of state business “counseling” agency. This client is looking for an inn with a good performing business like most of my clients are. They went to talk with this agency, who is an official […]

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Good News for Maine Banks

Maine’s “nonperforming” loans (loans with significantly late payments) are running 82% lower than the national average. While Maine banks earn less than the national average (we give more back to customers J), only 3.5% of banks in Maine are unprofitable while 20.3% of U.S. banks are in the red. That says a lot for bank

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