Bookmark & share: 
Welcome to reader comments forum, which is offered as
a "public square" for our audience. We view this space as our readers'
section of the Web site, separate from our journalistic offerings.
We hope you will use the forum to advance public dialogue and community
discourse. As such, we ask that participants refrain from personal
attacks and offensive comments. If you believe a comment is inappropriate or
offensive, you can bring it to our attention by clicking on the 'report
abuse' link by the comment. It will be reviewed by online staff.
Please understand that 1) a comment is not "inappropriate" solely
because you disagree with its author; and 2) there may be a delay while
the comment is being reviewed.
Please review our Reader Comment Guidelines.
Sort by: Oldest first | Newest First
Bole
of Augusta, ME
Dec 4, 2008 5:53 PM
I can see borrowing to start a business but to borrow to stay in business....Isn't that like beating a dead dog?report abusePinger
of Sanford, ME
Dec 4, 2008 2:56 PM
CEI is a fine organization and this partnership with Bangor Savings, a strong Maine Bank, will get money in the hands of companies that otherwise would not have access in todays challenging credit environment. Kudos to both organizations! I agree debt isn't always the answer, but sometimes, it is. And this is certainly a legitimate alternative to using a personal credit card to fund your business expenses...NEVER a good idea, ask any sole proprietor that's done it, they'll tell you.report abuseSL
of SP, ME
Dec 4, 2008 11:44 AM
Let me get this straight..someone is encouraging cash stapped companies to borrow money to pay wages...to get them through the downturn. So when times get better they will still have to pay the same wages but on top of that they will have to pay the loans back..? HUH? How is this a good business plan? The $9.5 million would be better spent helping laid off worker develop small companies of their own and have a go at it that way...this is nothing but an add for the banks to make money! Kind of like the realtors telling you to buy now..hahahahahahareport abuseMsAinSoPo
of So Po, ME
Dec 4, 2008 11:20 AM
(And I know some silver haired men in suits would shake their heads at me, they already have at the SBA. I'm doing very well, thank you.)report abuseYou must be a registered user of MaineToday.com to post a comment. Register or log in.
