EMDC is dedicated to establishing a competitive business climate that embraces free enterprise, encourages entrepreneurship, promotes innovation, develops a quality workforce, and supports infrastructure investment, all of which lead to a thriving economy.
Businesses and entrepreneurs from across Maine come to EMDC when they’re ready to grow. We offer resources and connections that enhance access to capital and provide alternative routes to financing including start-up, early-stage and mature businesses. We work with you to structure deals that help you achieve your business dreams.
With our team of experienced finance professionals who have years of experience helping small business owners, we provide the complete range of commercial lending services including technical assistance, underwriting, analysis, packaging and servicing through the life of the loan.
At EMDC, we have been providing small businesses with financial resources and technical assistance for more than 35 years. We have connected businesses with more than $86 million in capital through federal, state and local partnerships.
At whatever stage you are, we will work with you to help you achieve success. Our goal is to assist you in the best manner possible – quickly, efficiently and personally. If we can’t help you, we will provide you with the resources that can. Your success is our success.
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.
State and federal funding can be leveraged to revive our systems and provide reliable transportation to our communities. We offer strategic services to help you plan transportation upgrades, including:
| Starting at APR* | |
|---|---|
| New Auto Loans or Refinance | 4.50% |
| Used Auto Loans or Refinance | 4.50% |
| Recreational Loans | 5.50% |
| Personal Loans | 6.99% |
| Credit Builder Loans | 12.00% |
| Whatever Loans | 18.00% |
| Line of Credit (Revolving) | 13.90% |
| Line of Credit (Home Equity) | 5.50% |
| Credit Cards | 13.90% |
3,562,070
in small business loans
151
jobs created or retained
7,110,249
leveraged in private capital
Businesses and entrepreneurs from across Maine come to EMDC when they’re ready to grow. We offer resources and connections that enhance access to capital and provide alternative routes to financing including start-up, early-stage and mature businesses. We work with you to structure deals that help you achieve your business dreams.
Business
business@emdc.orgCommunity
community@emdc.orgWorkforce
workforce@emdc.org
40 Harlow Street, Bangor, Maine, 04401
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