Business Loans

Business Lending

Is your business seeking financing to start-up, expand, or for working capital?

Check out our MCEDD Loan Application

Hawthrone Block

Microloans

We provide loans of up to $50,000 to finance business start-up and expansions, including purchasing assets, and to address working capital needs.

Gap Financing

If your business is unable to fully finance a project through a bank or other conventional sources, MCEDD can provide gap financing up to $200,000 to help you complete your project. This program can be used to acquire commercial real estate and/or business assets, as well as for working capital.            

                                                                                                                                                                                                                                                           

For more information about our lending program, please contact:

Brian Dancause, Loan Specialist

207-671-6388

bdancause@mceddme.org