FAME Approves Financing for Polycor New England, Inc.

FAME approved 90% loan insurance on a $3.5 million loan by Caisse Centrale Desjardins US Branch to Polycor New England to help finance the purchase of a quarry and the construction of a curb manufacturing facility in North Jay, Maine.

FAME Promotes April as Financial Literacy Month

FAME is recognizing April as Financial Literacy Month by offering a variety of statewide initiatives and educational workshops intended to promote the importance of financial education to Maine citizens.

FAME Approves Financing for Redzone Wireless, LLC

At its March 19, 2015 meeting, the Board of Directors of FAME approved 90% loan insurance on a $4 million loan by Camden National Bank to Redzone Wireless, LLC (“Redzone”), which is located in Camden. The financing will be used for capital for the company’s start-up operations. FAME’s action is expected to help spur development… Learn more »