Maine Fisheries Revolving Loan Fund

This program, sponsored by the U.S. Economic Development Administration, was funded to assist the Maine fishing industry. Its objective is to help maintain and develop a sustainable fishing industry and marine-related services. Assistance is available to owners and owners/operators of fishing vessels, fishery dependent businesses, alternative marine-related ventures and business start-up opportunities.

  • Up to $150,000
  • Up to 50% of project costs
  • Interest rate not to exceed 7% fixed
  • Up to 20-year term

EMDC administers the MFRLF to businesses in Hancock, Knox, Waldo, and Washington Counties.

For more information

Contact email:

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