BUSINESS BUILDING LOANS
Businesses in MidCoast Maine can benefit from our loan program, which offers both Micro Loans and Gap Financing Loans.
MICRO LOANS
For the small business looking for a loan under $50,000 we have options for you! If you are looking to expand your business, purchase equipment, or gain working capital, consider financing with us.
GAP FINANCING
If you have been accepted for a loan with a banking institution but still need to provide a match, we are here to help! We can provide a match up to $200,000.
WHY WORK WITH US?
We have the time and resources to work with you, not only on your loan, but on the application itself. Please feel free to reach out to Brian Dancause, our Loan Specialist, who can help answer any questions you may have.
IN THE NEWS
MCOG is participating in a $1 million FAME Direct Loan to American Unagi, a startup aquaculture firm in Waldoboro. The FAME Direct Loan, including MCOG’s $100,000 commitment, will be used to supplement construction financing and to purchase and install aquaculture recirculating systems and other equipment. FAME financing will leverage approximately $8.7 million in project financing, including Gorham Savings Bank loans and equity raised by the company.
Click here to read the story.