For updates for your small business during COVID-19, click here. We will constantly be updating this page on Business Relief programs as well. For information on our business workshops, click here and business advising here.
MaineStream Finance offers a variety of loan products throughout Maine to small businesses who may have trouble finding credit.
Amount: Minimum $500 – Up to $250,000 / Term: Up to 20 years
Purpose:
- Purchase/upgrade of inventory, equipment, computers, real estate
- Building renovations and improvements
- Business acquisitions
Requirements:
- A complete Business Plan: For help please download our Business Plan Checklist or view the Business Plan Outline. If you have any questions, please consider taking one of our Business Classes or scheduling a meeting with one of our Business Advisors.
- A completed application and all support material: All forms can be downloaded below. Please refer to the checklist on our Business Loan Application for supplemental document requirements.
Need more information? Please contact: Dee Williams at (207) 973-3509 or email us at Dwilliams@penquis.org. You may be eligible for MaineStream’s new Startup Express loan for up to $5,000 for 2 years with fewer documentation requirements and a faster loan decision.