Loan Insurance Program (Maine)

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Last modified on February 12, 2015.

EZFeed Policy

Place Maine


   
Applies to States or Provinces Maine
Name Loan Insurance 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/lenders/credit_enhancements/Loan_Insurance_Program.aspx



Last Review 2014-09-15



Summary

The Loan Insurance Program provides businesses with loan insurance. Two types are available―Pro-rated insurance covering a certain percentage of lenders loss or leveraged insurance covering 100% of lender’s loss up to 25% of the loan amount. The program can help businesses access commercial credit.



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 1800-227-3734
Fax 207-623-0095
Email business@famemaine.com
Website http://www.famemaine.com/
     
     


















References