SBA Loans
Strategic Business Plans
Regardless of the headlines, anyone who needs a business loan is encouraged to apply for one in Maine.
“Maine banks are healthy, as well as credit unions,” said Kathy Keneborus, education and compliance manager for the Maine Association of Community Banks. “They did not engage in risky lending.”
Mark Walker, vice president of the Maine Bankers Association, agreed.
“All of our members are well-capitalized, safe and sound and ready to lend,” said Walker. “It’s a good time to seek competitive rates and bids from banks in your communities.”
The key here is that Maine banks did not engage in risky lending. Wow. A corner of the country actually held its own the past decade. That is impressive. And now they are reaping the benefits. Hats off to Maine for a job well done!
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