The Finance Authority of Maine (FAME), in partnership with the Maine Office of Securities and the Consumer Financial Protection Bureau, is excited to announce Invest in ME Reads, a new statewide financial education program designed to support family financial education in Maine by sparking conversations about future goals, saving money, and the value of choice.
Special loans and loan insurance now available for eligible Maine small businesses affected by COVID-19.
FAME approved leveraged loan insurance of 20% (or $2.5 million) on a $12.5 million loan by Arctaris Impact Investors, LP to Saddleback Community Loan Fund. FAME additionally approved a $1 million FAME Direct loan to Arctaris as part of the financing package, which totals $2.5 million.
Ushering in 2020, a new decade, and to celebrate the 20th Anniversary of NextGen 529, the Finance Authority of Maine (FAME) is announcing updated Grants for Maine residents.