Maine Fisheries Revolving Loan Fund – Eastern Maine Development Corporation

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Areas Served: Hancock, Knox, Waldo, and Washington Counties

The Maine Fisheries Revolving Loan Fund, 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

•7% fixed

•Up to 20-year term EMDC administers the MFRLF to businesses in Hancock, Knox, Waldo, and Washington Counties.

Contact Information
Eastern Maine Development Corporation
Address: 40 Harlow Street
City: Bangor
State: Maine

Website: http://www.emdc.org/feed.php?num=4&news_id=24&feed_id=15

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