Finance Authority of Maine REDLP

This program, sponsored by the Finance Authority of Maine, assists businesses involved in advanced manufacturing, information systems, biological and natural resource technologies, as well as businesses converting from defense dependencies or significantly engaged in export of goods or services to locations outside the State of Maine. Its objective is to create job opportunities and stimulate economic activity.

  • Up to $200,000
  • Up to 1/3 of project costs
  • Up to Wall Street prime rate, fixed
  • Up to 15-year term

EMDC administers the FAME REDLP for business in Hancock, Penobscot, Piscataquis, and Washington Counties, with the exception of Bangor, Millinocket, East Millinocket, Medway and Lubec.

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If possible, please include a brief description of your project along with the approximate loan amount requested. We look forward to working with you.