Business Loans
Loans and solutions for a variety of business types
EMDC has several secondary loan funds to finance a wide variety of business needs, including working capital, equipment and real estate. You will find our terms flexible and rates at or below market interest rates.
- Up to $1,500,000
- Up to 50% of project costs
- Fixed interest rates available
- Up to 20 year term
Below is a list of our lending programs. We encourage you to contact us to discuss your business. You need not know in advance which programs may apply to you.
Small Business Administration 504 Loan Program
Rural Development Intermediary Relending Program
Finance Authority of Maine Regional Economic Development Loan Program
Economic Development Administration Revolving Loan Fund
Contact email: ramsden@emdc.org
EMDC is an Equal Opportunity Lender, and prohibits discrimination in its programs on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, and marital or family status. Discrimination is prohibited by Federal Law.Complaints of discrimination may be filed with the USDA, Director, Office of Civil Rights, Washington, D.C. 20250.
Small Business Administration 504 Loan Program
Rural Development Intermediary Relending Program
Finance Authority of Maine REDLP
Economic Development Administration Revolving Loan
Maine Fisheries Revolving Loan Fund
NBRC Grant Funds Now Available
Sandy Blitz, the Federal Co-Chair of the
Northern Border Regional Commission (NBRC), announced that the next round of
grant funds are now available for federal assistance, and, will begin accepting
applications. Chairman Blitz stated that
“It is our goal to award approximately $1.2 million by late Summer, 2013”. He
further indicated that the maximum grant for any applicant will be $200,000 of
NBRC funds.
Click here to learn more and access application documents or contact Jen Brooks, EMDC's Director of Strategic Initiatives at jbrooks@emdc.org or (207) 942-6389