MARCH 2025

Business eNews

In This Issue

  • NEW! Download the FAME Fee Calculator
  • Increased Approval Limits Expedite Processing for Commercial Loan Insurance
  • Credits Still Available: Maine Seed Capital Tax Credit Program
  • Learn More: Maine Funding Network
  • A Day with FAME: In-Person Workshops for Financing Professionals
  • See Us at Maine B2B!

We’re always looking for ways to help you build your customer relationships and get to "yes," so we wanted to share some recent developments with you. While the current economic climate has introduced some uncertainty, one thing you can be sure of is our commitment to your success—at FAME, we work for you.

New!

Downloadable FAME Fee Calculator Now Available


Whether you're evaluating loan options or finalizing deals, our new user-friendly fee calculator (.xlsx format) for commercial loan insurance provides the clarity and ease necessary to make informed decisions with confidence.

Increased Approval Limits Expedite Commercial Loan Insurance Processing

FAME Senior Commercial Loan Officer Kim Getchell explains FAME's new approval limits and how these increased limits will result in faster turnaround times for commercial loan insurance processing.

These new limits are live and available now, and we're here to help you every step of the way. Please reach out to us with any questions, transactions you wish to discuss, or to set up personalized trainings for your organization.


Call us at 207-623-3263 or 800-228-3734

TTY: 207-626-2717, option 1

or email us.

New Increased Approval Limits for Commercial Insurance


For deals with exposure:

  • Up to $1.5 million: Use our Online Answer (OLA) system for an instant answer.
  • $1.5–$2.5 million: FAME staff can now provide approval.*
  • $2.5–$3 million: FAME Business Committee meets weekly to review these deals.*
  • Exceeding $3 million: FAME Board meets monthly to review these deals.*


*Includes aggregate CLI exposure; some conditions may apply.

Maine Seed Capital Tax Credit Program

Designed to encourage equity investments in Maine businesses.


There are still tax credits available this year.


Learn more.

Maine Funding Network

Maine's gateway to alternative business funding sources throughout the state.


Learn more.

A Day with FAME

In-Person Workshops for Maine Business Financing Professionals


Attend our FREE workshops intended for commercial loan officers, commercial loan assistants, analysts, government banking specialists, and those who work with FAME’s OLA platform.


What to expect

  • Learn how to leverage FAME programs to build your relationships with commercial loan customers.
  • Follow a step-by-step enhanced Online Answer (OLA) platform training, from input to follow-up.
  • Enjoy a networking lunch with FAME staff and your peers.
  • Learn about the Maine Funding Network, the gateway to alternative funding for Maine businesses.


We'll come to you!

Can't make it to a training or workshop? We'll come to you! To learn more about on-site customized training for your organization, call Kim Getchell, FAME Senior Commercial Loan Officer, at 207-623-3507 or email her.


Don't miss our next workshop:

Coming Soon!

A Day with FAME in Southern Maine


Watch your inbox for details!

See us this month at the

Maine B2B Trade Show!

DATE: Thursday, March 27th, 2025

TIME: 11:00 AM — 5:30 PM

(Cocktail hour begins at 4:30 p.m.)

VENUE: Norway Savings Bank Arena, Auburn

Contact Us

Jay Beck

Commercial Loan Officer

620-3553

Email Jay

Kim Getchell

Senior Commercial

Loan Officer

620-3507

Email Kim

Karen Kunesh

Workout Officer

620-3532

Email Karen

Matthew Lindquist

Commercial Loan Officer

620-3527

Email Matt


Jennifer Cummings

Director of Business

620-3531

Email Jennifer

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The Finance Authority of Maine (FAME) does not discriminate in the administration of any of its programs or in its employment practices on the basis of race, color, national origin, age, gender, religion, physical or mental disability, political affiliation, marital status or sexual orientation. FAME is an equal opportunity employer, provider and lender.


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