Loan Fund for Maine’s Food & Beverage Manufacturers

A collaborative finance offering from the Greater Portland Council of Governments, the Finance Authority of Maine and the City of Portland

 
 

Maine’s Food and Beverage manufacturing sector is rapidly growing into one of our leading small business entrepreneurial success stories, led by brewers, seafood and dairy producers and businesses starting in barns, basements and kitchens.  In a great small business ecosystem our food and beverage manufacturers are becoming nationally recognized all-stars.

But even all-stars need help, and that’s especially true when it comes to accessing favorable financing.

That’s why the Greater Portland Council of Governments, the Finance Authority of Maine and the City of Portland have teamed up to offer food and beverage manufacturing starts-ups and scale-ups new financing options so these great niche businesses can continue to launch and grow in our region!

WHO:  Food and beverage manufacturers – from start-ups to scale-ups.  If you need a loan for starting or growing your food or beverage manufacturing business, we can help.

WHAT:  A total of over $500,000 available to lend.  Individual loans of up to $50,000 and in some cases even more.  Favorable loan terms based on specific project details and funding sources.

HOW:  A unified intake process that allows all three lending partners to assess an individual business applicant.  One-stop shopping for lending opportunities.

WHEN:  Right NOW!  If your small food or beverage manufacturing company has a funding gap, contact us before using a credit card or a high interest rate website.  We can help you grow with affordable financing options that focus on your long-term success.