Intermediary Relending Program (Maine)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place Maine


Applies to States or Provinces Maine
Name Intermediary Relending Program (Maine)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator Finance Authority of Maine (FAME)
Primary Website http://www.famemaine.com/files/Pages/business/businesses/direct_loans/Intermediary_Relending.aspx


Last Review 2014-09-15



Summary

The Intermediary Relending Program assists small businesses by providing subordinate financing for certain businesses activities. The loan will not exceed 75% of project costs, with the maximum loan amount being $150,000. The term depends on the type of activity financed. Machinery and equipment financing, for example, is repayable up to ten years.


<metadesc> Intermediary Relending Program (Maine): energy incentive program. </metadesc>

Policy Contact

Department Finance Authority of Maine
Address 5 Community Drive, P.O. Box 949, Augusta, ME


Zip/Postal Code 04332-0949
Phone 207-623-3263
Phone 2 1800-228-3737
Fax 207-626-2717
Email business@famemaine.com
Website http://www.famemaine.com/


















References