As a key player in Maine’s economic development, FAME provides a host of services to help expand business opportunities. We do this through our ability to invest at greater risk based on public benefit. In short—we help Maine businesses get to “yes”!
Have questions? Contact us at business@famemaine.com.
Financing Programs
Direct Loan Programs
FAME Direct Loan
When traditional loans are not the solution for your financing needs, the FAME Direct Loan may be the answer. This program provides access to operating capital for startups and existing businesses for most business purposes.
Agricultural Loans
FAME helps Maine farms and agricultural businesses compete by providing loan programs. There are several programs with funding available for unique purposes.
Compliance Assistance Loan Program
This program provides financing for the renovation, removal, disposal, or replacement of oil storage facilities or tanks and certain air quality improvement equipment.
Regional Economic Development Revolving Loan Program
This program provides loans through Maine’s regional economic development agencies for the purpose of creating or retaining jobs.
Maine Rural Development Authority
The Maine Rural Development Authority provides financing to revitalize communities by transforming abandoned and underutilized commercial spaces.
Linked Investment Program for Commercial Enterprises
This program helps reduce a borrower’s interest rate. Loans are approved and funded by the lender according to their own policies.
Bond Programs
Revenue Obligations Securities Program
The Revenue Obligations Securities Program provides tax-exempt bond financing to manufacturers and 501(c)(3) entities.
Municipal Securities Approval Program
The Municipal Securities Approval Program offers local tax-exempt bond financing to manufacturing borrowers and 501(c)(3) entities.
Equity Capital and Tax Credits
Maine New Markets Capital Investment Program
Maine New Markets Capital Investment Program provides tax credits to investors in community development entities that reinvest in businesses located in low-income Maine communities.
Maine Seed Capital Tax Credit Program
Maine Seed Capital Tax Credit Program encourages investments in small businesses by providing credits to outside passive investors.
Business Roadmap
Whether you’re starting a business or seeking financing for an existing one, you may need some help. FAME’s Business Roadmap outlines key steps in the business planning and financing process, along with the tools, resources, and trusted partners that can help you along the way.
Resources for Business Owners
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