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ME
Grow Maine Small Business Loan & Capital Program
Provides up to $62 million in State Small Business Credit Initiative (SSBCI) funding through loan guarantees, direct loans, and equity capital. Loans up to $5 million per business.
About this program
Distributed via FAME and intermediary partners. Maximum $20 million per project. Interest rates set by participating lender.
Eligibility
Maine for-profit and nonprofit companies with fewer than 500 employees. Requires at least 1:1 match.
Funding Categories
Working Capital