March 2010 mPower Board Results

admin — Mon, 22 Mar 2010 14:23:45 +0000

At the March 2010 mPower Board Meeting 10 applications were approved totaling $99,240 in loan requests. The average interest rate for approved loans was 2.6%. Applicants this month were seeking financing for Adapted Vehicles, Medically Adapted Bed, Hearing Aids, and Wheelchair Ramp.

January 2010 Deadline: December 30, 2009

admin — Wed, 09 Dec 2009 16:25:01 +0000

The mPower Loan Board will reconvene on Tuesday, January 12th, 2010 at 10 AM at the Finance Authority of Maine at 5 Community Drive.

If you would like your loan application to be reviewed at that meeting the deadline to submit it is is Wednesday, December 30th, 2009 by 5 PM.

Contact your local Alpha One office at 800.640.7200 for more information.

Dec 2009 mPower Board Results

admin — Wed, 09 Dec 2009 16:14:25 +0000

At the December 2009 mPower Board Meeting 14 applications were submitted totaling $72,906 in loan requests. The average interest rate for approved loans was 2.06%. Applicants this month were seeking financing for adapted vehicles, hearing aids, a ramp, home modifications and a large print reader machine.

Follow mPowerLoans on Twitter

admin — Thu, 03 Dec 2009 17:30:38 +0000

If you’re on Twitter, please add ‘mPowerLoans’ to your Follow List. We’re twittering on a regular basis about upcoming deadlines, Board Meetings and today’s Prime Rate.

Remember: mPower interest rates are capped at 6% or Prime Rate–whichever is lower. So keep an eye on Prime Rate to get locked in at the best possible mPower rates.

mPower on Twitter: http://twitter.com/mpowerloans

Next Meeting: Tuesday, December 8th, 2009

admin — Tue, 01 Dec 2009 17:11:23 +0000

The mPower Board will meet again on Tuesday, December 8th, 2009, at the Finance Authority of Maine (FAME) at 5 Community Drive in Augusta, Maine. The Board convenes at 10 AM.

Nov 2009 mPower Board Results

admin — Tue, 10 Nov 2009 17:06:07 +0000

At the November 2009 mPower Board Meeting 21 applications were submitted totaling $340,032.00 in loan requests. The average interest rate for approved loans was 2.41%. Applicants this month were seeking financing for adapted vehicles, hearing aids, a wheelchair lift and ramp, and various home modifications.

Oct 2009 mPower Board Results

admin — Tue, 13 Oct 2009 17:04:41 +0000

At the October 2009 mPower Board Meeting 14 applications were submitted totaling $132,400 in loan requests.. The average interest rate for approved loans was 2.5%. Applicants this month were seeking financing for a number of items including adapted vehicles, hearing aids, ramps, and recliner chairs.

Sept 2009 mPower Board Results

admin — Tue, 08 Sep 2009 17:01:09 +0000

At the September 2009 mPower Board Meeting 13 applications were submitted totaling $211,355.00 in loan requests. 13 applications were Approved. Zero applications were denied. The average interest rate for approved loans was 2.5%. A 0% loan was approved. The highest interest rate of an approved loan was 3.25%.

Applicants this month were seeking financing for adapted vehicles, a wheelchair lift and ramp, and various home modifications.