BUSINESS BUILDING LOANS
Businesses in MidCoast Maine can benefit from our loan program, which offers both Micro Loans and Gap Financing 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.
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.
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.
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