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WHCA, Washington Hancock Community Agency

Economic Development Match Loans

Information

EDM loans help small businesses with funding of up to $50,000 for the purchase of equipment, supplies, inventory, leasehold improvements, and working capital.

  • Interest rate - minimum 8.0%
  • Flexible repayment terms
  • 2% origination fee due at closing
  • $15 application fee

Requirements: The business must have 10 or fewer employees. You must complete a loan application for loan committee review. Other industry criteria must be met to qualify for this loan.

Please contact Sarah Nugent by email to gro.pacachw@selpahcjs or phone (207) 610-5942 for current information or an appropriate referral to a similar loan program.

Download a loan application
Cash Flow Projections
Instructions for Preparing Cash Flow Projections

 
 
 
 

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

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