skip to content
WHCA, Washington Hancock Community Agency

Economic Development Match Loans

Information

These loans help businesses get loans of up to $50,000 to match other funding they can access.

  • Loans up to $50,000 for 1/3 to 1/2 of the business's total financing needs
  • Interest rate - minimum 8.0%
  • 2% origination fee due at closing

Requirements: The business must have 10 or fewer employees. You must complete a loan application for loan committee review. The borrower should have up to 2/3 of the financing already identified. This is a match loan program, and so the rate is determined in part by the rate on the main portion of the finance package.

Please contact Loan Officer Carla Britton at gro.pacachw@nottirbc  or (207) 664-2424, extension 4405 for current information or an appropriate referral to a similar loan program.

Download a loan application

 
 
 
 

Washington Hancock Community Agency :: Serving Maine's Washington and Hancock Counties :: www.WHCACAP.org

Milbridge: (207) 546-7544 :: Ellsworth: (207) 664-2424

General Email: gro.pacachw@noitartsinimda :: Contact Info :: Privacy :: External Links Disclaimer

Copyright © 2008-2010 Washington Hancock Community Agency. All rights reserved. Maine website design by Barnstormer Design Group