Intermediary Relending Program (Maine)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search


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.



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