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: firstname.lastname@example.org
If possible, please include a brief description of your project along with the approximate loan amount requested. We look forward to working with you.
Economic Development Administration Revolving Loan