Maine Working Waterfront Loan Fund

Maine Working Waterfront Loan Fund

Program Name: Maine Working Waterfront Loan Fund

Resource Type: Economic Development Entity

State: Maine, Northeast

Agency: Program Source: Loan

Description: CEI is committed to working with members of the community to preserve Maine’s traditional fisheries and marine-related businesses which have been an integral part of Maine’s coastal economy for generations. We offer below market rate loans to Maine fishermen, shellfish growers and waterfront businesses that maintain commercial fishing access or that provide marine-related goods and services. These loans have been used to purchase fishing boats and equipment, to establish a mussel aquaculture business, to purchase equipment for a marine services business, for boat building and repair operations, and for municipal and private pier replacement.