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ME
FAME Commercial Loan Insurance - Bangor
State loan insurance helping Maine small businesses obtain lender financing.
About this program
Finance Authority of Maine Commercial Loan Insurance helps lenders make business loans by insuring a portion of eligible financing. Bangor businesses may benefit when a lender uses FAME insurance to support working capital, equipment, real estate, or expansion financing.
Eligibility
Maine businesses working with participating lenders on eligible business loans.
Requirements
- Apply through a participating lender
- Meet lender and FAME loan insurance eligibility requirements
- Provide business, financial, collateral, and use-of-funds documentation