Maine RLF - Business Loan Funds

USDA IRP – Eastern Maine Development Corporation

Areas Served: Hancock, Knox, Penobscot, Piscataquis, Waldo, and Washington Counties, with the exception of Bangor The Rural Development Intermediary Relending Program, sponsored by the U.S. Department of Agriculture, Rural Development Division, assists healthy growing businesses with special financing needs. Its objective is to create job opportunities and stimulate economic activity in rural communities. ¢Up to

Maine Farm Business Loan Fund – The Carrot Project

Areas Served: AROOSTOOK, CUMBERLAND, FRANKLIN, KENNEBEC, KNOX, LINCOLN, OXFORD, SAGADAHOC, SOMERSET, WALDO, and YORK Counties The Maine Farm Business Loan Fund is a collaboration between Maine’s Coastal Enterprises, Inc. (CEI) a statewide, non-profit community development financial institution and The Carrot Project. The fund was established to meet the financing needs of small and

Revolving Loan Fund – Community Concepts

Areas Served: Androscoggin, Franklin and Oxford Counties. Community Concepts Micro Lending Center began lending to local small businesses in 1984. The need at that time was to provide funds to low income applicants, minorities, women and those that could not obtain conventional financing. Services Include: – Flexible Loan Programs – Fixed Rate Financing – One

Regional Economic Development Revolving Loan Program – Community Concepts Inc.

Areas Served: Statewide Maine The Regional Economic Development Revolving Loan Program (REDRLP) through Community Concepts Inc is designed to help businesses that have sales under $5,000,000 or employ 50 or fewer employees in one of the following categoriesadvanced manufacturing, advanced information systems, advanced biological/natural resource technologies, conversion from the defense industry, significant export involvement (goods

EDA Revolving Loan – Eastern Maine Development Corporation

Areas Served: Hancock, Knox, Penobscot, Piscataquis, Waldo, and Washington Counties. The Economic Development Administration Revolving Loan, sponsored by the U.S. Economic Development Administration, assists existing or start-up businesses with special financing needs. Its objective is to create job opportunities and stimulate economic activity in rural communities. ¢Up to $150,000 ¢Up to 50% of project costs