Areas Served: Washington and Hancock County
EDM loans help small businesses in Washington & Hancock County, Maine with funding of up to $50,000 for the purchase of equipment, supplies, inventory, leasehold improvements, and working capital.
Interest rate – minimum 8.0% Flexible repayment terms 2% origination fee due at closing Requirements: The business must have 10 or fewer employees.
You must complete a loan application for loan committee review.
Other industry criteria must be met to qualify for this loan.
Contact InformationWashington Hancock Community Agency
Address: 2 Maple St
City: Milbridge
State: Maine
Website:
http://www.whcacap.org/financial-services/small-business-loans.php
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