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Attention Small Business Owners
Need cash for your business?
Somerset Economic Development Corporation has a revolving loan fund available to assist small businesses with their cash requirements.
If you need cash to expand your business for any of the following reasons please contact us so that we can determine if we can be of assistance to your business.
- Purchase new equipment
- Line of credit for cash flow purposes
- Allow you to hire new employees
- Start a new business venture
- Down payments for your bank to obtain a loan
- Renovate your existing buildings
If you are a resident of Somerset County and/or operate a business in Somerset County you may be eligible for our revolving loan fund program.
To determine if this program can assist you please contact us online, or via the contact information listed below.
Small Corporate Offering Registration
Small Enterprise Growth Fund
Tax Exempt Bond (SMART-E)
Taxable Bond (SMART)
Tax Increment Financing
Community Development Block Grant
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41 Court Street
Skowhegan, Maine 04976
(207)474-0166
fax (207)474-0465